O'CONNELL, Justice Pro Tem.
Defendant appeals from a summary judgment entered in favor of plaintiff.
On June 10, 1972, plaintiff loaned $10,000 to defendant, which defendant agreed to pay with interest at 8 percent per annum within three months. As a part of the same transaction, plaintiff was given the option to exchange the note for shares in a corporation to be established or, in the alternative, to contribute the capital in a joint venture, sharing profits...
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