(DOWNLOAD) "Roy Gene Carper v. Kanawha Banking & Trust" by Fourth Circuit U.S. Court Of Appeals " eBook PDF Kindle ePub Free
eBook details
- Title: Roy Gene Carper v. Kanawha Banking & Trust
- Author : Fourth Circuit U.S. Court Of Appeals
- Release Date : January 05, 1974
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 95 KB
Description
An exception to the application of the usury laws may be found in the "time-price" doctrine: in a commercial transaction involving the sale of property by credit arrangement, if the negotiation between the seller and the buyer involves a bona fide quotation of both a cash price and a credit price, the transaction does not involve usury, even though the quoted credit price is such as to exceed the cash price plus lawful interest thereon.
 "Roy Gene Carper v. Kanawha Banking & Trust" by Fourth Circuit U.S. Court Of Appeals " eBook PDF Kindle ePub Free){kind=link}