Principles of Mercantile LawMetropolitan College, 1922 - 518 pages |
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Page 11
... authority , and has nothing to do with agreement . 66 " " Specialty Contracts . - These contracts are usually called deeds and are contracts under seal . Strictly speaking , signing is not necessary , although it is eminently desirable ...
... authority , and has nothing to do with agreement . 66 " " Specialty Contracts . - These contracts are usually called deeds and are contracts under seal . Strictly speaking , signing is not necessary , although it is eminently desirable ...
Page 19
... authority cannot be revoked . As a rule such authority does not extend to the auctioneer's clerk ; but , under the circumstances of a party assenting expressly or impliedly , he will be bound by the signature of the clerk . Part ...
... authority cannot be revoked . As a rule such authority does not extend to the auctioneer's clerk ; but , under the circumstances of a party assenting expressly or impliedly , he will be bound by the signature of the clerk . Part ...
Page 34
... authority , express or implied , he cannot , even for necessaries , bind his parent or guardian . Such authority may , however , be implied on very slight evidence as , for instance , if he orders clothes which are sent to the parent's ...
... authority , express or implied , he cannot , even for necessaries , bind his parent or guardian . Such authority may , however , be implied on very slight evidence as , for instance , if he orders clothes which are sent to the parent's ...
Page 39
... authority , express or implied , and may in the same manner be varied or discharged . ( ii ) Any contract which if made between private persons would by law be valid although made by parol only and not reduced into writing , may be made ...
... authority , express or implied , and may in the same manner be varied or discharged . ( ii ) Any contract which if made between private persons would by law be valid although made by parol only and not reduced into writing , may be made ...
Page 49
... authority if he innocently repre- sents himself as having authority from a principal which he does not actually possess , provided the other party is not aware of the fact and is injured by the misrepresentation ; and directors of ...
... authority if he innocently repre- sents himself as having authority from a principal which he does not actually possess , provided the other party is not aware of the fact and is injured by the misrepresentation ; and directors of ...
Common terms and phrases
acceptance acceptor act of bankruptcy action adjudged bankrupt agent agreement amount apply appointed arbitrator assignment authority bank banker bill of exchange Bills of Sale Board of Trade breach buyer cheque commencement composition or scheme condition consent contract of sale court creditors damages debt debtor deemed delivery discharge dissolution dividend documents drawee drawer duty effect entitled firm fraud given held indorser instrument interest judgment liable lien limited partner limited partnership ment mortgage necessary negotiable negotiable instruments official receiver otherwise owner paid particular payable payment person petition possession presentment principal proceedings profits promissory note protest purpose reasonable receiving order registered registrar respect rule scheme of arrangement Scotland seller shares ship stamp statute Statute of Frauds surety thereof tion transaction transfer trustee United Kingdom unless Vict void warranty winding-up
Popular passages
Page 361 - The buyer is deemed to have accepted the goods when he intimates to the seller that he has accepted them, or when the goods have been delivered to him, and he does any act in relation to them which is inconsistent with the ownership of the seller, or when, after the lapse of a reasonable time he retains the goods without intimating to the seller that he has rejected them.
Page 11 - A contract for the sale of any goods of the value of ten pounds or upwards shall not be enforceable by action unless the buyer shall accept part of the goods so sold, and actually receive the same, or give something in earnest to bind the contract, or in part payment, or unless some note or memorandum in writing of the contract be made and signed by the party to be charged or his agent in that behalf.
Page 361 - Subject to the provisions of this Act, when the buyer of goods becomes insolvent, the unpaid seller who has parted with the possession of the goods has the right of stopping them in transitu, that is to say, he may resume possession of the goods as long as they are in course of transit, and may retain them until payment or tender of the price.
Page 326 - On or at a fixed period after the occurrence of a specified event, which is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the event does not cure the defect.
Page 361 - Where goods are delivered to the buyer, which he has not previously examined, he is not deemed to have accepted them unless and until he has had a reasonable opportunity of examining them for the purpose of ascertaining whether they are in conformity with the contract.
Page 351 - A bill must be protested at the place where it is dishonored, except that when a bill drawn payable at the place of business or residence of some person other than the drawee, has been dishonored by non-acceptance, it must be protested for nonpayment at the place where it is expressed to be payable; and no further presentment for payment to, or demand on, the drawee is necessary.
Page 334 - Where a bill is addressed to two or more drawees who are not partners, presentment must be made to them all...
Page 192 - And it is agreed by us, the insurers, that this writing or policy of assurance shall be of as much force and effect as the surest writing or policy of assurance heretofore made in Lombard Street, or in the Royal Exchange, or elsewhere in London.
Page 26 - No action shall be brought whereby to charge any person upon any promise made after full age to pay any debt contracted during infancy, or upon any ratification made after full age of any promise or contract made during infancy, whether there shall or shall not be any new consideration for such promise or ratification after full age.
Page 325 - mean any part of the United Kingdom of Great Britain and Ireland, the islands of Man, Guernsey, Jersey, Alderney, and Sark, and the islands adjacent to any of them being part of the dominions of her Majesty. (2) Unless the contrary appear on the face of the bill the holder may treat it as an inland bill.