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In addition to the vehicle title, lenders often also require the borrower to provide a set of keys for the car and/or purchase a roadside service plan. Car title loans frequently involve high interest rates, a short time to repay the loan (often 30 days), and a loan amount less than the car's monetary worth. The borrower also risks losing the ...
A one-off is something made or occurring only once, independently of any particular pattern. [1] First used in 1934, [2] this term is employed to differentiate singular items from those in a series: e.g. "the Lincoln Futura was a one-off". It has been suggested that it is a misspelling of "one-of", but this etymology is not supported by sources ...
Title to {the Goods} shall remain vested in {the Seller} and shall not pass to {the Buyer} until the purchase price for {the Goods} has been paid in full and received by {the Seller}. Until title to {the Goods} passes: {the Seller} shall have authority to retake, sell or otherwise deal with and/or dispose of all or any part of {the Goods};
Under the "nemo dat quod non habet" rule ("no one gives what he doesn't have"), a seller cannot pass better title than he himself has; so if the goods are subject to an encumbrance (such as a mortgage, charge or hypothec), or even stolen, the bill of lading will not grant full title to the holder. [22]
A Japanese-market Toyota Crown S170 in the United Kingdom.The model has never seen an official release in the country and was registered in May 2019. Japanese used vehicle exporting is a grey market international trade involving the export of used cars and other vehicles from Japan to other markets around the world since the 1980s.
In his view, there is nothing in the Constitution or the records of the Constitutional Convention to suggest the Import-Export Clause only applied to foreign goods. [19]: 143–147 In 1945, the Supreme Court held that the Import-Export Clause applied to imports from the Philippine Islands, which at that time was a territory of the United States.
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A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.