L. C. Williams Oil Co. v. NAFCO Capital Corp., 1998 WL 404194 (N. C. App. 7/21/98). LOAN v. LEASE AND FORUM SELECTION CLAUSE. Finding that the purported lease was, in fact, a loan (there was a $1.00 purchase option), the court held that a North Carolina statute upholding forum selection clauses in nonconsumer leases applied.
Loan v. Lease and Forum Selection Clause
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