Principles of Mercantile LawMetropolitan College, 1922 - 518 pages |
From inside the book
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Page 4
... sufficient to maintain an action . In this connection may be noted also the leading case of Allen v . Flood ( 1898 ) . A shipbuilding firm employed many workmen , including the plaintiffs , and the plaintiffs had incurred the ...
... sufficient to maintain an action . In this connection may be noted also the leading case of Allen v . Flood ( 1898 ) . A shipbuilding firm employed many workmen , including the plaintiffs , and the plaintiffs had incurred the ...
Page 4
... sufficient to maintain an action . In this connection may be noted also the leading case of Allen v . Flood ( 1898 ) . A shipbuilding firm employed many workmen , including the plaintiffs , and the plaintiffs had incurred the ...
... sufficient to maintain an action . In this connection may be noted also the leading case of Allen v . Flood ( 1898 ) . A shipbuilding firm employed many workmen , including the plaintiffs , and the plaintiffs had incurred the ...
Page 10
... sufficient to create a contract , there must be the intention to create a legal obligation . It is often stated that a contract is an agreement enforceable at law ; but there are many agreements which , while not enforce- able at law ...
... sufficient to create a contract , there must be the intention to create a legal obligation . It is often stated that a contract is an agreement enforceable at law ; but there are many agreements which , while not enforce- able at law ...
Page 15
... sufficient in itself to give a right of action , and ( 2 ) that there must be consideration to support a simple contract in order to make it enforceable . What is required is the agreement of the two minds on the same point , that is ...
... sufficient in itself to give a right of action , and ( 2 ) that there must be consideration to support a simple contract in order to make it enforceable . What is required is the agreement of the two minds on the same point , that is ...
Page 17
... sufficient that is signed by the party to be charged , or his agent , providing it contains sufficient reference to the terms of the contract . In the case of Re Hoyle , Hoyle v . Hoyle ( 1893 ) a recital in a will was held to be sufficient ...
... sufficient that is signed by the party to be charged , or his agent , providing it contains sufficient reference to the terms of the contract . In the case of Re Hoyle , Hoyle v . Hoyle ( 1893 ) a recital in a will was held to be sufficient ...
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 party 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.