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What is Transactional Agreement in Chimbo Canton about?

The document outlines a transactional agreement between José Vinicio Calderón Villamar and Iván Javier Bosquez Verdezoto regarding the payment of a promissory note for $12,500. Calderón agrees to pay the amount via a check, and Bosquez withdraws from the lawsuit in full agreement with the payment. The parties acknowledge the terms and conditions of the agreement, including penalties for non-compliance.

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