Suppose that Hosch had sold the equipment financed by the loans from Citicapital to a third party.

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Suppose that Hosch had sold the equipment financed by the loans from Citicapital to a third party. Would Hosch still have been liable to Colonial Pacific? Why or why not?

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Business Law Text and Cases

ISBN: 978-1337374491

14th edition

Authors: Kenneth W. Clarkson, Roger Miller, Frank B. Cross

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Question Posted: May 26, 2017 09:57 AM

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Suppose that Hosch had sold the equipment financed by the loans from Citicapital to a third party.

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Yes Hosch would have been liable to Colonial Pacific even if the borrower had sold the financed ...View the full answer

Business Law Text and Cases

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