3.4 lEI'IIlS (II a LUHII'HCI [5611 llIlI HIIU UHIBI'S Upfl a II'I] under the name S.B.H. Farms. Hunt went to McIlory Bank ant Trust and requested a loan to build hog houses, buy livestock, and expand farming operations. The bank agreed to loan S.B.H. Farms $175,000, for which short-term promissory note were signed by Hunt and the other owners of S.B.H. Farms. A that time, oral discussions were held with the bank ofcer regarding longterm nancing of S.B.H's farming operations; no dollar amount, interest rate, or repayment terms were discussed. When the owners of S.B.H. Farms defaulted on the promissory notes, the bank led for foreclosure on the farm and other collateral. S.B.H. Farms counterclaimed for $750,000 damages, alleging that the bank had breached its ora contract to provide longterm nancing. Is there an oral contract for longterm financing> Hunt v. McIlory Bank and Trust, 2 Ark.App. 87, 616 S.W.2d 759, Web 1981 Ark. App