Utah Breach of promissory note

From Lawpendium
Jump to: navigation, search
Banner Ad photo UtahWillsBannerAdforLawpendiumPhotoshop_zpscc99065d.png

This cause of action is essentially a Breach of contract claim. However, sample sentences in a complaint for breach of a promissory note might include sentences like:

  1. The promissory note constitutes a valid and enforceable contract between Plaintiff and Defendant.
  2. Plaintiff loaned Defendant $1,000 and Defendant agreed to repay the loan by January 1, 2000.
  3. The promissory note was signed by Smith, as a member of ABC Company, LLC.
  4. Plaintiff satisfactorily performed its contractual obligations, but Defendant has failed and refused to pay Plaintiff the amounts owed on the promissory note.
  5. By failing to pay the promissory note amount of $1,000.00, Defendant breached the contract that exists between it and Plaintiff.