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      /  Sub-thread concerning comments mad in Amiga inc Hires Jamie Krueger
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PosterThread
Lou 
Re: Sub-thread concerning comments mad in Amiga inc Hires Jamie Krueger
Posted on 1-Feb-2008 13:25:03
#1 ]
Elite Member
Joined: 2-Nov-2004
Posts: 4169
From: Rhode Island

@damocles

Quote:

damocles wrote:
@pixie

Quote:
Those interests would be Hyperion paying Amiga Inc, Do you buy a car pay 90% and then say:

- Well sir with time this money I gave you pay itself out?


Unless there is a prior agreement that the money goes into escrow the entire time and merchandise did not change hands, you bet there is interest coming back after a given time period (Tig says 90 days for WA, which sounds about right). Four years? Oh, there is going to be ALOT of interest payments piled up.

Years ago I won a court case against my former business partner. Under FL law, 10% APR piled up for five years till I got my money back.

Too bad the bank interest here in MA for the last 4 years has been around .5%... I wonder what it is in Washington especially as Florida's law is the only one I know of that defines such a thing...and was probably passed during a different economic period.

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Replies
SubjectPosterDate
      Re: Sub-thread concerning comments mad in Amiga inc Hires Jamie KruegerTigger1-Feb-2008 14:29:51
      Re: Sub-thread concerning comments mad in Amiga inc Hires Jamie Kruegerdamocles1-Feb-2008 14:31:16



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