Cases and comments on the law on credit transactions

Cover of: Cases and comments on the law on credit transactions | Ricardo C. Puno

Published by Philaw Pub. in Manila .

Written in English

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  • Philippines


  • Loans -- Law and legislation -- Philippines -- Cases.,
  • Security (Law) -- Philippines -- Cases.

Edition Notes

Book details

Statementby Ricardo C. Puno.
LC ClassificationsKPM904 .P86 1953
The Physical Object
Paginationvi, 673 p. ;
Number of Pages673
ID Numbers
Open LibraryOL5239731M
LC Control Number75310881

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Comments And Cases On Credit Transactions book. Read reviews from world’s largest community for readers.4/5. A document produced by the University of the Philippines during Bar Operations for Credit Transactions under Civil Law. I have an older edition but this is a great book for credit and collection law.

This will help an attorney deal with a wide range of issues such as bankruptcy, federal credit laws, dealing with different business entities, foreclosures, post-judgment collections, etc/5(4). By Frederick A.

Whitney, Published on 05/06/14Author: Frederick A. Whitney. The Law on Sales, Agency, and Credit Transactions. Hector S. De Leon. Rex Book Store, - Agency (Law) - pages. 1 Review. From inside the book. What people are saying - Write a review.

User Review - Flag as inappropriate. article Contents. THE LAW ON SALES, AGENCY, AND CREDIT TRANSACTIONS DE LEON & DE LEON   FACTS: The case arose out of a business transaction for the sale of dried sea cucumber for export to South Korea between Wilderness Trading (of Velasquez), as seller, and Goldwell Trading of Pusan, South Korea, as buyer.

To facilitate payment of the products, Goldwell Trading opened a letter of credit in favor of Wilderness Trading with the Bank of Seoul, Pusan, Korea.

credit scheme. In a commercial letter of credit transaction, for ex-ample, if the seller ships nothing or only rubbish, but gets paid by tendering forged or fraudulent documents, it hurts the applicant.

It might be argued that, under the law of letters of credit, the buyer may proceed against the seller for fraud under the underlying con. perfected by mere consent the consideration for each part is the delivery of the thing or the payment of the price.

transfers ownership of the subject matter designated name under the civil code of the Philippines it give rise to reciprocal obligations delivers is considered. From Heartland Payment Systems, Gonzalez and his crew had stolen million credit card numbers. After a long process of indictment and trial, Gonzalez ended up with a plea bargain for his fraud cases, under which he would serve 15 to 25 years and would return a large amount of his ill-gotten property and more than $ million to the government.

The case material is extraordinarily rich. Professors Braucher, Sutherland, and Willcox appear to have read every reported case in the enormous area of law with which they deal. Thus, quite apart from its merits as a teaching tool, the book has great value as a reference work for practitioner and academician alike.

The case. List of articles in category Credit Transactions; Title; Trust Receipts Law Q & A Trust Receipt Transaction WAREHOUSE RECEIPTS LAW Fraud Exception Rule Doctrine of Strict Compliance Failure to Procure a Letter of Credit Independence Principle Failure to Pay Obligation Under a Letter of Credit.

The book critically engages with the challenges posed by inefficient secured credit laws. It offers a comparative analysis of the reasons and the need for secured transactions law reform, as well as discussion of the steps taken in many common law, civil law and mixed law jurisdictions, written by world renowned experts from many countries.

“Together we tracked down every single transaction. Those charges were removed. But after that I said, ‘Kim, I do this for a living. Let’s nail some bad guys.’” With Kim’s help, they followed the Cases and comments on the law on credit transactions book trail to specific locations.

“They made fake credit cards and used them at brick-and-mortar stores,” says Scott. The Equal Credit Opportunity Act (ECOA) and the Fair Housing Act (FHA) are the primary federal laws that prohibit credit discrimination.

The ECOA prohibits creditors from discriminating against individuals in credit transactions because of the person's race, color, national origin, sex, marital status, religion, age, or public assistance status. Spine title: Credit transactions and consumer protection.

"Reprinted in part from Honnold's Cases and materials on the law of sales and sales financing, fourth edition, c" Includes index.

Description: xxxvii, pages ; 27 cm. Series Title: University casebook series. Other Titles: Law of credit transactions and consumer protection. credit which are the most common type of letters of credit and used i n majority of cases. Again here it should be mentioned that apart from the bank a LC can be issued by other institutions such.

This course book introduces readers to relevant concepts and issues that are frequently associated with prominent, yet common, payment devices (such as promissory notes, checks, credit and debit cards, wire transfers and letters of credit) and the applicable governing s: 1. 2 TYPES OF CREDIT TRANSACTIONS: 1.

secured transactions – those supported by a collateral or an encumbrance of property 2. unsecured transactions – those supported only by a promise to pay or the personal commitment of another such as a guarantor or surety SECURITY is.

Letters of credit are primarily used in sales transactions involving buyers and sellers located in the United States. The term "investment securities" as used in UCC Article 8, would include stocks and bonds only. The official text of the UCC includes the statutory law but excludes the "Official Comments.".

Author of The law on obligations and contracts, The fundamentals of taxation, Textbook on agrarian reform and taxation (with cooperatives), The law on transfer and business taxation, Comments and cases on credit transactions, The law on partnerships and private corporations, Comments and cases on partnership, agency, and trusts, Comments and cases on succession.

It has to be said that applications to adjust credit transactions under the Act are very rare – in fact, there appears to be no case law on the matter. There have, though, been applications to adjust credit transactions under similar provisions in the Consumer Credit Act (see paragraph B) which give some idea as to how the.

Law of Commercial Transactions This textbook provides context and essential concepts across the entire range of legal issues with which managers and business executives must grapple. The text provides the vocabulary and legal acumen necessary for businesspeople to talk in an educated way to their customers, employees, suppliers, government.

Business Transactions Law 8e (eBook) ISBN R Add to Cart. Business Transactions Law 9e (Print) ISBN R Add to Cart You must be an Education Provider to purchase this book.

By clicking "Add to Cart", I confirm that I am an Education Provider. The Law of Letters of Credit - Commercial and Standby Credits is the fourth edition of a traditional treatise on a rather narrow legal subject. Letters of credit fall into two categories: (1) commercials, which find use in international sales; and (2) standbys that are a common device in many domestic transactions.

The law also permits an interest rate hike after the borrower completes a workout or exits a “temporary hardship arrangement,” or doesn’t comply with the rules of any such workouts or arrangements. The hiked up rate in these cases cannot be higher than the rate on such transactions before the workout or arrangement began.

View a sample of this title using the ReadNow feature. Get answers to all your letters of credit questions from the leading authority. In an area with an increasing amount of activity and litigation, the federal and state courts cite The Law of Letters of Credit: Commercial and Standby Credits frequently.

This newly updated Fourth Edition is sure to maintain its status as the leading legal. He is the author of Consumer Credit: Law, Transactions and Forms (Matthew Bender) and the consumer credit volumes of the multi-volume treatise, Banking Law (Matthew Bender).

Lapine has been listed among The Best Lawyers in America for Banking Law and Real Estate Law sinceTop Lawyers in Northern Ohio, and Ohio Super Lawyers. NOTES ON PARTNERSHIP AGENCY, TRUSTS, LEASE AND PRESCRIPTION Kenneth and King C. Hizon _____ Title X. - AGENCY CHAPTER 1 NATURE, FORM AND KINDS OF AGENCY Art.

By the contract of agency a person binds himself to render some service or to do something in representation or on behalf of another, with the consent or authority of the latter.

A Subsidiary Book or a Day Book is a book of Original Entry. Subsidiary Books contains the records of similar Transactions. An organization maintains six kinds of Subsidiary books. They are Cash Book, Purchase Book, Purchase Return Book, Sales Book, Sales Return Book, and Journal Proper.

law requiring lenders to inform consumers of the actual costs of credit transactions. johnson doctrine. president johnsons guidline for intervention in the affairs of other nations. Pueblo. US Navy spy ship captured by north korean forces. job corps. Case Law Reference - Credit Law, Court Rulings Written by: Kristy Welsh Case Law Reference and Links to FCRA and FDCPA Information.

Don't know which case to cite when trying to prove your point. This list was provided by a readers on our discussion boards, along with our own through research.

Many of these rulings have been used to file a civil. Second, the business purpose cases represent a separate strain of substance cases. Here usually the Court is confronted, as in the Greg-ory case, with a fact situation in which all the legal forms are present to bring the transaction technically within certain advantageous aspects of the Code structure.

The eighth edition has been substantially revised and updated to include developments up until 1 April The updates include: A new chapter on consumer agreements, examining both the Consumer Protection Act and the regulations Changes to contractual capacity brought about by the Children's Act and Companies Act Important decisions affecting basic principles of common law.

BOOK REVIEW Cases and Materials on Commercial and Consumer Transactions. WILLIAM 7 The secured transactions material in their latest book on commercial and consumer transactions is good, but it does not cover such topics as inventory and accounts receivable credit cards, and laws such as New York's Specious Cash Sales statute, 0.

Common Counts Actions: “Book Account” and “Account Stated” “Common counts” are causes of action (legal claims) that are used to collect a debt. Debt buyers frequently use these causes of action.

However, the law that applies to common counts is different than the law that applies to breach of contract cases. CISG is a project for united Nation commission on Interantioal Trade Law, which is create in early s undertook to create a successor to two substantive international sale treaties- convention relating to a uniform law on the formation of contracts for the internation sales of goods.

The course will then focus on the legal framework of private international business transactions, including: the international sale of goods; bills of lading; letters of credit; government regulation of imports and exports; technology transfer and intellectual property protection; and forms and regulation of foreign direct investment.

Nature of Credit Card Transactions Pantaleon v. American Express International, Inc., G.R.AugSCRA full faith and credit n. the provision in Article IV, Section 1 of the U.S. Constitution which states: "Full faith and credit shall be given in each State to the public acts, records and judicial proceedings of every other state." Thus, a judgment in a lawsuit or a criminal conviction rendered in one state shall be recog.

federal fair lending laws and regulations. It is adapted from the Interagency Policy Statement on Fair Lending issued in March • Lending Discrimination Statutes and Regulations. The Equal Credit Opportunity Act (ECOA) prohibits discrimination in any aspect of a credit transaction.

It applies to any extension of credit, including.Consumer Credit Law - Overview. Credit allows consumers to finance transactions without having to pay the full cost of the merchandise at the time of the transaction.

A common form of consumer credit is a credit card account issued by a financial institution. .the transaction between the buyer and the bank, the seller has the added comfort of the good credit standing of the bank as opposed to the unknown credit standing of the buyer.

The letter of credit is usually irrevocable8 and the creditworthiness of the buyer is now.

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