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"It did not foresee that it would produce this kind of payment".
"We have no basis on which we can ask Rome about this kind of payment," he said.
"We can gain a lot more" with this kind of payment, the energy and oil minister, Rafael Ramírez, told reporters in Caracas.
Unlike England, which still caps fees for winning solicitors, America was open to this kind of payment structure, in keeping with its frontier ethic toward credit and speculation.
The S.E.C. would cap this kind of payment, which can now continue in perpetuity, draining 0.25 percent, and in some cases 1 percent of an investor's assets, year after year.
This kind of payment, investigators and industry executives said, is the same as the kind widely used in commercial property and casualty insurance; in property casualty insurance, it raises the cost of insurance generally.
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Facebook branching out into this kind of payments isn't surprising giving its Facebook Gifts and Facebook in-game virtual goods purchasing endeavors, which show a clear desire on the part of the social network to not only facilitate e-commerce but also to add information resulting from those transactions to its ballooning social graph.
There are many problems with this kind of payments.
Many customers are unaware of the implicit waiver of their Consumer Credit Protection rights whilst using these kind of payment solutions.
"While renewal leases typically are not tied to the kind of payment the writer has described, the arrangement does not appear to be illegal," Mr. Ferrara said.
You could call that kind of payment a reward or extortion.
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CEO of Professional Science Editing for Scientists @ prosciediting.com