obtained on credit
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 290 U.S. 66 - Fidelity & Deposit Co. v. Arenz · 1933Most cited · 92 citing opinions
Petitioner gave its obligation, not for the premium alone, but also in consideration of respondent's promise to reimburse it. Having regard to the results that at the beginning the parties were reasonably bound to anticipate, it is clear that respondent obtained, and petitioner gave, the bond and obligation on credit.
How often courts cite the case defining “obtained on credit”
Court decisions citing the opinion that defined “obtained on credit” — 92 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.