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- W2810345091 abstract "This chapter focuses on debts. A debt is a right to demand payment of money at a stipulated time. That stipulated time may be a future specific date, or the debt may be payable on demand or on the occurrence of some defined future event. In order to be a debt, the money must be due as a matter of legal obligation, that is, arising out of a contract or a deed. At times—particularly for accounting and tax purposes—attempts are made to further classify debts. One classification of debt is known as ‘book debt’. Book debts are best defined as debts in some way connected with the creditor's trade, or debts connected with and growing out of the creditor's trade. The chapter then looks at syndicated loans, where two or more banks severally lend to a single borrower, and the nature of debts as property." @default.
- W2810345091 created "2018-07-10" @default.
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- W2810345091 date "2018-03-08" @default.
- W2810345091 modified "2023-10-16" @default.
- W2810345091 title "Part I The Nature of Intangible Property, 4 Debts" @default.
- W2810345091 doi "https://doi.org/10.1093/law/9780198748434.003.0004" @default.
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