Kazerouni v. De Satnick

Opinion

ASHBY, J.

In this action on a promissory note, the court by nonjury trial gave judgment for plaintiff and respondent Akbar Kazerouni against defendants and appellants Steve and Mary De Satnick. The judgment further provides that appellants take nothing by their cross-complaint for breach of warranty.

Respondent sold his business (Photo Run Inc., a photo-developing store) to appellants for $310,000, taking back a promissory note for $101,000 payable at $1,500 per month. After four payments appellants defaulted on the note. The issue at trial was whether appellants’ performance was…