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IV. Economic Controls
(7,356 words)

Volume VIII: Specific Contracts | Chapter 4 (1974): Installment Sales

Completed in July 1972

E. Allan Farnsworth

19. Introduction. – Many countries have imposed selective credit controls directed specifically at installment sales for economic reasons. The most common of these reasons is, of course, to control inflation, but other justifications include the regulation of demand for consumer goods or at least for some classes of such goods as has been the case for the soviet union (see supra s. 16), and the redressing of an adverse balance of payments by decreasing home co…

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E. Allan Farnsworth, “IV. Economic Controls”, in: International Encyclopedia of Comparative Law Online, Edited by: U. Drobnig, R. David, H. H. Egawa, R. Graveson, V. Knapp, A. T. Von Mehren, Y. Noda, S. Rozmaryn, V. M. Tschchikvadze, H. Valladão, H. Yntema, K. Zweigert. Consulted online on 24 May 2019 <>
First published online: 2018

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