It is believed by many that if there were no laws at all to enforce collection, there would be many less bad debts; even now a debt of honor is held by public opinion to have precedence of those which the law claims the right to enforce.
Victoria C. Woodhull: “It is believed by many that if there were no laws at all to enforce collection, there would be many less bad debts; even…”
Editor's note · Context
Woodhull posits that the absence of collection laws could reduce bad debts, highlighting the influence of public opinion on honor.
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