1 Elements and Case Citations
To establish a breach of promissory note, plaintiff must demonstrate: .
- Existence of a promissory note;
- Executed by the defendant;
- Note contains an unconditional and unambiguous promise to pay a specified sum on a specified date and is an instrument of money only;
- Failure by defendant to pay in accordance with the terms.
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- The rest of the elements for this cause of action;
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- The statute of limitations; and
- The defenses to this cause of action.
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