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Bulk Sales Laws: Transactions Covered By These Statutes, Thomas Clifford Billig, Kingsley Richard Smith
Bulk Sales Laws: Transactions Covered By These Statutes, Thomas Clifford Billig, Kingsley Richard Smith
West Virginia Law Review
This paper will carry forward the discussion of bulk sales legislation begun in an article entitled "Bulk Sales Laws: A Study in Economic Adjustment", and continued in a second article entitled "Bulk Sales Laws: A Study in Statutory Interpretation." The first paper "considered three phases of the bulk sales problem: (1) the inability of the American statutory successors of 13 Elizabeth to meet the legal needs of the creditor class when a defrauding merchant sold out in bulk his stock of unpaid for goods to a bona fide purchaser for value; (2) the campaign waged by the National Association of …