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In order to start a cartage business, Morgan purchased a 3-vear-old truck from Used Trucks Ltd., a local truck dealer, for $15.000 Morgan paid $5,000
In order to start a cartage business, Morgan purchased a 3-vear-old truck from Used Trucks Ltd., a local truck dealer, for $15.000 Morgan paid $5,000 down. and financed the balance of the purchase price by way a conditional-sale agreement for the remaining 910.000 The agreement was dulv registered in accordance with the provincial personal property security legislation Business was good, but several months later the vehicle perienced a break-down and Morgan had the vencie transported to Alls Auto Service to have the vehicle repaired after a caretul examination or the aroblem with the truck, Alis Auto Service reported that the truck wood require a new transmission as Well as extensne engine repair Morgan Instructed All's Auto Service to proceed with the repairs A week later: All's Auto Service reported to Morgan that it had replaced the transmission, and repaired the engine, The cost of the repair amounted to 86300
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