PHIL 316 Lecture Notes - Lecture 21: Credit Risk
8 Jul 2016
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Don"t worry about specific details, the two questions will be broad / general questions about what we have been talking about. One of the questions will cover both areas of the law. Hint as to what it is going to be about. The other will cover a question from tort law. Exam will be posted after the review session. Not due back until 5pm the last day of exam periods. Grades should be posted by that friday afternoon. In the business of selling furniture under credit. Important because of significance of judge who made the opinion. This company was in the business of selling furniture to people of very modest income. Their sole income was welfare support of a month. This company sold furniture to this type of clientele. These people did not have a high credit rate / no credit. Big furniture places wouldn"t sell to them due to a high credit risk.
