Consumer Transactions

by Greenfield, Michael M.

• ISBN13: 9781587785436
• ISBN10: 1587785439
• Edition: 4th
• Format: Hardcover
• Copyright: 2003-05-01
• Publisher: West Academic

Summary

The coursebook Geenfield's Consumer Transactions, Third Edition, is designed for a law school level course. It examines problems in the formation of consumer transactions, the actual substance of the deal, and remedies. The text makes frequent use of problems as a teaching device. One volume.

Table of Contents

Preface	v
Acknowledgments	vii
Table of Cases	xix
Table of Statutes	xxxi
Table of Federal Rules and Regulations	xliii
Introduction	1	(1)
Freedom of Contract and Government Intervention	1	(2)
Types of Consumer Credit Transactions	3	(3)
PART I Problems in Formation
Deception---The Response of the Common Law	6	(46)
Jones v. West Side Buick Auto Co	7	(9)
Vokes v. Arthur Murray, Inc.	16	(9)
Halpert v. Rosenthal	25	(8)
Ollerman v. O'Rourke Co., Inc.	33	(16)
Davey v. Brownson	49	(3)
Deception---Legislative Solutions at the Federal Level: The Federal Trade Commission Act	52	(69)
Introduction	52	(1)
The Meaning of ``Deceptive Acts or Practices''	53	(33)
Charles of the Ritz Distributors Corp. v. FTC	53	(8)
In re International Harvester Co	61	(13)
In re Leon A. Tashof	74	(12)
Remedies Under the FTC Act	86	(18)
Warner-Lambert Co. v. FTC	87	(17)
Topical Statutes	104	(17)
Odometer Fraud	104	(3)
Tusa v. Omaha Auto Auction, Inc	107	(3)
Levine v. Parks Chevrolet, Inc	110	(2)
Telemarketing	112	(2)
New York v. Financial Services Network, USA	114	(7)
Deception---Legislative Solutions at the State Level	121	(57)
Comprehensive Statutes	121	(32)
Searle v. Exley Express, Inc.	121	(9)
Weigel v. Ron Tonkin Chevrolet Co.	130	(8)
Golt v. Phillips	138	(5)
Fenwick v. Kay American Jeep, Inc.	143	(10)
Topical Statutes	153	(5)
Referral Sales	153	(1)
Regulation of a Trade or Industry	154	(4)
Preemption	158	(16)
Jones v. Rath Packing Co.	159	(8)
Kellerman v. MCI Telecommunications Corporation	167	(7)
Criminal Sanctions	174	(4)
The Need for Information	178	(42)
Introduction to the Truth-In-Lending Act	178	(5)
Scope of the Truth-In-Lending Act	183	(2)
Timing of the Disclosure	185	(1)
Content of the Disclosure	186	(23)
Closed-end Credit	186	(4)
Open--end Credit	190	(1)
Benion v. Bank One	191	(8)
Leases	199	(5)
Rent-to-Own	204	(3)
Clarity	207	(2)
Advertising Credit Terms	209	(4)
Enforcement of the Truth-In-Lending Act	213	(2)
Magnuson-Moss Warranty Act	215	(1)
Plain Language Laws	216	(1)
Perspectives	217	(3)
Qualifying for Credit	220	(38)
Introduction to the Fair Credit Reporting Act	220	(5)
Privacy Protection Study Commission, Personal Privacy in an Information Society (1977)	221	(4)
Scope of the Act	225	(8)
Greenway v. Information Dynamics, Ltd.	225	(8)
Obligations of Users of Consumer Reports	233	(2)
Obligations of Creditors	235	(1)
Obligations of Consumer Reporting Agencies	236	(19)
Austin v. BankAmerica Service Corp	236	(3)
Koropoulos v. Credit Bureau, Inc.	239	(16)
Credit Repair Organizations	255	(2)
Preemption	257	(1)
Discrimination in Granting Credit	258	(34)
Introduction to the Equal Credit Opportunity Act	258	(4)
Prohibited Bases	262	(8)
Markham v. Colonial Mortgage Service Co., Associates, Inc.	262	(8)
Reasons for Adverse Action	270	(7)
Enforcement	277	(12)
Cherry v. Amoco Oil Co.	280	(9)
Preemption	289	(1)
Is It Working?	290	(2)
PART II Regulation of the Bargain
Quality Standards	292	(79)
Introduction	292	(1)
Strict Liability in Tort	293	(13)
Greenman v. Yuba Power Products, Inc.	293	(13)
The Uniform Commercial Code and Contractual Modification of Quality Standards	306	(30)
Berg v. Stromme	309	(7)
Knipp v. Weinbaum	316	(4)
Murray v. Holiday Rambler, Inc.	320	(16)
Beyond the UCC	336	(29)
Lemon Laws	337	(4)
Magnuson--Moss Warranty Act	341	(7)
Used Cars	348	(1)
The Next Step	349	(15)
The Standard of Quality: How High and How Precise?	364	(1)
Services	365	(6)
Newmark v. Gimbel's, Inc.	366	(5)
Limits on the Price of Credit	371	(81)
Sale Credit and Loan Credit	371	(2)
Ways of Presenting the Cost of Credit	373	(1)
Judicial Interpretation of Rate Regulation Statutes	373	(61)
Loan or Forbearance	373	(1)
Carper v. Kanawha Banking & Trust Co.	373	(13)
Principal Amount and Duration of the Loan	386	(1)
Tri--County Federal Savings & Loan Association v. Lyle	386	(5)
Cost of the Loan	391	(1)
Equitable Life Assurance Society v. Scali	392	(6)
Martorano v. Capital Finance Corp.	398	(8)
Culpepper v. Inland Mortgage Corporation	406	(13)
Prepayment and Refinancing	419	(1)
Davis v. Hinton	419	(4)
In re Branch	423	(7)
Remedies	430	(1)
Open-end Credit	430	(4)
The Broader Question	434	(18)
Wallace, The Uses of Usury: Low Rate Ceilings Reexamined	437	(15)
Other Limits on the Terms of the Deal	452	(69)
Broadly Phrased Standards	452	(65)
Williams v. Walker-Thomas Furniture Co	452	(5)
Cheshire Mortgage Service, Inc. v. Montes	457	(16)
Perdue v. Crocker National Bank	473	(8)
Commonwealth v. DeCotis	481	(4)
Letter From FTC to Consumer Subcommittee of Senate Committee on Commerce, Science, and Transportation	485	(6)
In re International Harvester Co.	491	(15)
Best v. United States National Bank	506	(11)
Topical Statutes	517	(4)
Prohibition of Objectionable Terms	517	(1)
Regulation of Troublesome Transactions	518	(3)
Credit Insurance	521	(47)
Introduction	521	(2)
Excessive Coverage	523	(2)
Coercion	525	(17)
In re USLIFE Credit Corp	530	(9)
USLIFE Credit Corp. v. Federal Trade Commission	539	(3)
Excessive Price	542	(19)
Robinson v. Rebsamen Ford, Inc.	545	(2)
Browder v. Hanley Dawson Cadillac Co.	547	(14)
Claims Abuse	561	(1)
Refinancing	562	(1)
Property Insurance	563	(3)
Unemployment Insurance	566	(2)
PART III Enforcement by the Creditor
Coercive Collection Tactics	568	(41)
Common Law Limits	569	(17)
Public Finance Corp. v. Davis	569	(10)
Voneye v. Turner	579	(7)
Statutory Intervention	586	(23)
Collection Practices	586	(7)
Jeter v. Credit Bureau, Inc.	593	(14)
Fair Credit Billing Act	607	(2)
Enforcement of the Security Interest	609	(48)
Acceleration and the Definition of Default	612	(9)
Fontaine v. Industrial National Bank	612	(9)
Repossession	621	(8)
Deavers v. Standridge	621	(8)
Right to a Deficiency Judgment	629	(24)
First Fidelity Acceptance v. Hutchins	630	(2)
Wilmington Trust Co. v. Conner	632	(17)
In re Ford Motor Co.	649	(4)
Restrictions on the Use of Security Interests	653	(1)
Leases	654	(3)
Other Contractual and Procedural Devices to Facilitate Collection	657	(29)
Wage Assignments	657	(1)
Agreements and Statutes Concerning Procedure	658	(16)
Confession of Judgment	658	(2)
Default Judgments	660	(5)
Vargas v. Allied Finance Co.	665	(2)
Schubach v. Household Finance Corp.	667	(7)
Attorney's Fees	674	(6)
Peoples Finance & Thrift Co. v. Blomquist	674	(1)
New Finance, Ltd. v. Ellis	675	(5)
Waiver of Exemptions	680	(1)
Cosigners	681	(5)
PART IV Enforcement by the Consumer
Against Whom?	686	(48)
Liability of a Franchisor for the Misconduct of Its Franchisee	686	(17)
Drexel v. Union Prescription Centers, Inc	687	(16)
Liability of the Financer for the Misconduct of the Seller	703	(25)
Background	703	(5)
The FTC Rule	708	(1)
Transactions Covered	708	(2)
Consequences of Noncompliance	710	(1)
Iron & Glass Bank v. Franz	710	(5)
Effectiveness of the Rule	715	(1)
Ford Motor Credit Company v. Morgan	716	(8)
Credit Cards	724	(2)
Nature of the Claim or Defense	726	(2)
Misconduct of the Financer or Other Third Parties	728	(6)
Financers	728	(2)
Real Estate Brokers	730	(1)
Endorsers	731	(1)
Corporate Officers and Directors	731	(1)
Others	732	(1)
Federal Trade Commission Act	732	(2)
Remedies	734	(103)
Escape From the Deal	734	(14)
Transactions in Goods	734	(1)
Jones v. Abriani	734	(6)
Other Transactions	740	(3)
Mayfield v. Vanguard Savings & Loan Association	743	(5)
Obtaining the Benefit of the Deal	748	(89)
Increasing the Recovery	748	(1)
Attorney's Fees	748	(5)
Postow v. Oriental Building Association	753	(17)
Freeman v. B & B Associates	770	(7)
Minimum Damages	777	(1)
Scott v. Western International Surplus Sales, Inc	778	(5)
Harris v. Beneficial Finance Co.	783	(1)
Punitive Damages	784	(6)
Reducing the Costs	790	(1)
Nonjudicial Mechanisms	790	(4)
Rollins, Inc. v. Foster	794	(13)
Enforcement by a Public Agency	807	(3)
Kugler v. Romain	810	(6)
Small Claims Courts	816	(1)
Class Actions	817	(2)
Edelman v. Lee Optical Co	819	(3)
Brooks v. Midas--International Corp.	822	(5)
Parker v. George Thompson Ford, Inc.	827	(10)
Index	837