Legal Question in Business Law in California
Financing
Purchasing the sale contract of Inventory from sellers with a discount -- Is this consider Financing?
Asked on 8/15/08, 7:41 pm
1 Answer from Attorneys
Bryan Whipple
Bryan R. R. Whipple, Attorney at Law
Re: Financing
Financing in a commercial context usually means and refers to the use of credit. In some contexts and to some extent, "credit" and "financing" are synonymous. I'm really not sure I understand what you mean by "purchasing the sale contract of inventory," however. I don't see any references in your question that seem to have to do with the use of credit, so my guess is the answer is no.
Answered on 8/15/08, 9:10 pm
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