Coode v. M & J Financial Corp. (In Re Boling)

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• pre-set, estimated option price of 10% of the original cost of tractor trailers roughly equals fair market value and is not nominal
• pre-set, estimated option price of 10% of the original cost of tractor trailers roughly equals fair market value and is not nominal
• under identical, controlling North Carolina statute, an option to purchase at fair market value generally indicates a true lease since the rental payments were in fact designed to compensate the lessor for the use of the property

Source: CourtListener parenthetical corpus (CC0).