One more thing

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If you loan the money to that guy without any benefit to you, such as charging an interest or something, courts will view the entire agreement unenforceable, because it is gratuitous and not supported by consideration. In another words, it is up to the court to enforce the agreement or not to enforce, although courts may enforce it based on unjust enrichment theories.

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thanks so much. we do charge him interest. -2319- 給 2319 發送悄悄話 (70 bytes) () 12/20/2005 postreply 08:05:51

你沒看懂.unjust enrichment =不正當得利 -yuewsse- 給 yuewsse 發送悄悄話 (0 bytes) () 12/25/2005 postreply 00:53:21

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