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Mohatra

The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

The Cyclopedic Law Dictionary

In French law. The name of a fraudulent contract made to cover a usurious loan of money. It takes place when an individual buys merchandise from another on a credit at a high price, to sell it immediately to the first seller, or to a third person who acts as his agent, at a much less price for cash.

16 Toullier, Dr. Civ. note 44; 1 Bouv. Inst, note 1118.