Examlex

Solved

Milo Buys an All-Terrain-Vehicle (ATV)from No-Limit Toys,Inc

question 26

Essay

Milo buys an all-terrain-vehicle (ATV)from No-Limit Toys,Inc.,on credit but makes no payments on the account.Odell,the owner of No-Limit Toys,calls Milo at home on a Monday morning at three a.m.Odell represents himself as PayNow Collection Agency and demands payment "or else." The next day,Odell sends Milo notice that he has thirty days to request verification of the debt,during which its payment will be suspended,but that if he does not pay the full amount due within five business days,Odell will arrange for the "destruction of Milo's good credit rating." Which laws has Odell violated,if any,and in what ways?


Definitions:

Detaches Emotionally

The process of withdrawing or distancing oneself emotionally from others or from emotional investments in particular situations.

Disappointment

Disappointment is the feeling of sadness or dissatisfaction that arises from unmet expectations or outcomes.

Past Debts

Financial obligations or amounts of money owed from previous borrowing, which have not yet been paid back.

Property Taxes

Taxes levied by local governments based on the estimated value of property and land owned, typically used to fund public services and infrastructure.

Related Questions