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reasonable cause to believe

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 83 U.S. 584 - Wager v. Hall · 1872Most cited · 73 citing opinions

Creditors have reasonable cause to believe that a debtor, who is a trader, is insolvent when such a state of facts is brought to their notice respecting the affairs and pecuniary condition of the debtor as would lead a prudent business man to the conclusion that he is unable to meet his obligations as they mature in the ordinary course of business.