Loan For Consumption Law and Legal Definition
Loan for consumption refers to an express or implied contract under which a lender delivers certain consumable goods to a borrower. It is an agreement by which a lender delivers goods to a borrower who consumes them and who is liable to return goods of the same quality, quantity and type within a specified or reasonable period.
Legal Definition list
Related Legal Terms
- 1040 Form
- A Fortiori
- A Fortiori Argument
- Absent Uniformed Services Voter
- Academy for International Conflict Management and Peacebuilding [USIP]
- Acceptance for Value
- Access to Classified Information (Military)
- Accessory Before The Fact
- Accompanying the Armed Forces outside the United States
- Accounting for Fruits
