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GEN. ELEC. CREDIT CORP., ETC. v. BALL

No. 7828SC449.

253 S.E.2d 574 (1979)

40 N.C. App. 586

GENERAL ELECTRIC CREDIT CORPORATION OF GEORGIA, INC., Plaintiff, v. Josephine Chapman BALL, Defendant and Third-Party Plaintiff, v. DURHAM LIFE INSURANCE CO., Third-Party Defendant.

Court of Appeals of North Carolina.

April 3, 1979.

Attorney(s) appearing for the Case

McLean, Leake, Talman & Stevenson, by Joel B. Stevenson, Asheville, for the defendant appellant.

Richard M. Pearman, Jr., Greensboro, for plaintiff appellee.

HEDRICK, Judge.

At the outset, we note that this case involves a "consumer credit sale" within the meaning of G.S. § 25A-2, and thus the provisions of Chapter 25A entitled "Retail Installment Sales Act" are applicable.

The provisions of G.S. § 25A-25(b) in effect when the transactions giving rise to this case occurred, are as follows:

(b) In a consumer credit sale, a buyer may assert against the seller, assignee of the seller, or other holder...

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