Practical Aspects of Some Legal Problems of Sales Finance Companies

Abstract

Mr. Adelson's article indicates a careful study of available literature and no substantial exception may be taken to its conclusions which accurately reflect the law and practice to which they are addressed. It is apparent that in recent years a vast number of cases have been reported involving the instalment contract. What does not appear, however, is that there were even a larger number of cases tried in the lower courts which did not reach the higher courts and so are not reported. Analysis of this great volume of litigation and the large amount of literature on the subject discloses that there is room for improvement in the law both by way of correction of existing statutes and by way of enactment of new legislation. Such cases, too, have engendered a practical approach to some of these problems which may be of interest.