Hutton v. Monograms Plus, Inc.

604 N.E.2d 200 (1992)

Facts

Hutton (P) and MPI (D) executed a franchise agreement wherein P bought a franchise form D for $25,000. P granted D a ten-year non-exclusive license to operate an MPI Store. A few weeks later P and D executed an addendum to the franchise agreement, and if P were not able to obtain financing suitable to him within ninety days of signing the agreement, he would be entitled to a refund of his $25,000 fee. P got a summary judgment and D appealed.