(DOWNLOAD) "Porch v. General Motors Acceptance Corporation" by Supreme Court of Montana ~ Book PDF Kindle ePub Free

eBook details

Title: Porch v. General Motors Acceptance Corporation
Author : Supreme Court of Montana
Release Date : January 23, 2002
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 70 KB

Description

This class action lawsuit was brought on behalf of borrowers who purchased cars under installment contracts that required them to keep the cars continuously insured and, if they failed to do so, authorized the creditor to buy "physical damage insurance" and to charge each borrower for the "cost of the insurance." On appeal from orders determining that the coverage obtained and the premium charged were not authorized by the installment contracts, and enjoining the collection of a portion of the premium, appellant creditor argues among other things that the district court erred in concluding that the coverage obtained or the premium charged was in breach of the installment contract or was a violation of the consumer fraud act. Because we conclude that the coverage obtained and the premium charged were authorized by the installment contract, we reverse with directions to enter judgment dismissing the class action.