consumer paper

07:33 Oct 26, 2004
English to French translations [Non-PRO]
Law/Patents - Law (general)
English term or phrase: consumer paper
Under the Rule, banks which purchase consumer paper containing the notice required of sellers will no longer be able to avail themselves of the holder-in-due-course doctrine. Also, banks which make purchase money loans containing the notice will be subject to all claims and defenses which the consumer could assert against the seller.

Merci beaucoup.
laura


Summary of answers provided
4instruments/papiers financiers
DocteurPC
3 +1demande de crédit à la consommation
Montello (X)


Discussion entries: 1





  

Answers


2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
demande de crédit à la consommation


Explanation:
Cette demande est prise en charge par la banque ; elle est accompagnée d'une notice légale.

Montello (X)
Local time: 13:24
Specializes in field
Native speaker of: Native in PortuguesePortuguese, Native in FrenchFrench

Peer comments on this answer (and responses from the answerer)
agree  Francine Alloncle
3 hrs
  -> merci Francine !
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281 days   confidence: Answerer confidence 4/5Answerer confidence 4/5
instruments/papiers financiers


Explanation:
comme il peut s'agir de plusieurs choses (voir def)on ne peut présumer ici

http://www.fdic.gov/regulations/laws/rules/8000-7400.html#93...
good def:
Consumer paper means paper relating to automobiles, mobile homes, residences, office equipment, household items, tuition fees, insurance premium fees, and similar consumer items. Consumer paper also includes paper covering the lease (where the bank is not the owner or lessor) or purchase of equipment for use in manufacturing, farming, construction, or excavation


PS pour essayer de fermer cette très vieille question ;-)

DocteurPC
Canada
Local time: 07:24
Works in field
Native speaker of: Native in FrenchFrench, Native in EnglishEnglish
PRO pts in category: 49
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