What is the law on loss in the resale of equipment purchased for the purpose of medical equipment used for medical purposes?
California, United States of America
The following excerpt is from A. A. Baxter Corp. v. Colt Industries, Inc., 10 Cal.App.3d 144, 88 Cal.Rptr. 842 (Cal. App. 1970):
The same rule was applied with regard to a loss in the resale of equipment purchased for the purpose in Douglas v. Guardian Holding Corp., 132 Cal.App. 585, 592, 23 P.2d 80.
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