A Text-book on Commercial Law: A Manual of the Fundamental Principles Governing Business Transactions. For the Use of Commercial Colleges, High Schools, and Academies |
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Page 19
... pay for it , and no one would pay in advance because the other could then refuse to do the act . 5. Kinds of Contracts . - Contracts are either written or oral . Written contracts are those put on paper , by writing or printing oral ...
... pay for it , and no one would pay in advance because the other could then refuse to do the act . 5. Kinds of Contracts . - Contracts are either written or oral . Written contracts are those put on paper , by writing or printing oral ...
Page 28
... PAY FOR THEM . Nec- essaries include , ( 1 ) food , ( 2 ) clothing , ( 3 ) lodging , ( 4 ) medicine , and ( 5 ) education . The reason for this rule is the protection of the minor , for if a parent did not supply these things , and he ...
... PAY FOR THEM . Nec- essaries include , ( 1 ) food , ( 2 ) clothing , ( 3 ) lodging , ( 4 ) medicine , and ( 5 ) education . The reason for this rule is the protection of the minor , for if a parent did not supply these things , and he ...
Page 33
... pay for them , " A makes the promise to B , but C receives the benefit , yet A must pay . This rule applies espe- cially to the case of guaranty ( p . 76 , sec . 1 ) . The reason for it is that any one who acts on the faith of a promise ...
... pay for them , " A makes the promise to B , but C receives the benefit , yet A must pay . This rule applies espe- cially to the case of guaranty ( p . 76 , sec . 1 ) . The reason for it is that any one who acts on the faith of a promise ...
Page 37
... pay for all . Thus , in the last example , if I orally order goods , I need not receive them , but if I do receive them , or any part of them , I must pay the agreed price and take them all . 4. Payment . - IF ANY PART OF THE PRICE IS ...
... pay for all . Thus , in the last example , if I orally order goods , I need not receive them , but if I do receive them , or any part of them , I must pay the agreed price and take them all . 4. Payment . - IF ANY PART OF THE PRICE IS ...
Page 38
... pay , payment may be enforced , though the one to make the payment did not sign , or even though none of the contract was in writing . If this were not so fraud might easily be perpetrated , for it is quite common where one party merely ...
... pay , payment may be enforced , though the one to make the payment did not sign , or even though none of the contract was in writing . If this were not so fraud might easily be perpetrated , for it is quite common where one party merely ...
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Common terms and phrases
acceptance acceptor agency agent agreement agrees to pay amount authority bank becomes due bill of lading bills of exchange binding contract broker buyer called certificate certificate of deposit Chap CHAPTER claim commercial paper commission merchant common carrier corporation creditor debt deed delivered discharge draft drawer duties effect enforce fire insurance firm fraud given Gregory Ross guaranty hotel keeper illegal implied indorser interest kinds land legal tender lien maker marine insurance means ment money is legal mortgage necessary negotiable paper notice obtain owner ownership paid partner partnership patent payable to bearer payee payment person drawn personal property pledge premium principal debtor promise to pay property insured real estate received requisites responsible rule sell seller sold stockholders surety tenant thing third party transfer United States Notes unless usury vessel void words written
Popular passages
Page 301 - Together with all and singular the tenements, hereditaments and appurtenances thereunto belonging, or in any wise appertaining, and the reversion, and reversions, remainder and remainders, rents, issues and profits thereof...
Page 302 - In testimony whereof, the said parties of the first part have hereunto set their hands and seals the day and year first above written.
Page 299 - EF or his certain attorney, his executors, administrators or assigns, to which payment, well and truly to be made, I bind myself, my heirs, executors and administrators, firmly by these presents ; Sealed with my seal.
Page 296 - Massachusetts, party of the second part, witnesseth : That the said party of the first part, for and in consideration of the sum of one dollar, lawful money of the United States of America, to him in hand paid, by the said party of the second part, at or before the ensealing and delivery of these presents, the receipt whereof is hereby acknowledged...
Page 304 - THIS INDENTURE, made this day of , in the year One thousand, nine hundred and , between of , the party of the first part...
Page 291 - ... have granted, bargained, sold, assigned, transferred and set over, and by these presents do grant, bargain...
Page 297 - ... them, shall and will, at any time or times hereafter, upon the reasonable request, and at the proper costs and charges in the law, of the said...
Page 200 - The contract commonly called life assurance, when properly considered, is a mere contract to pay a certain sum of money on the death of a person, in consideration of the due payment of a certain annuity for his life, — the amount of the annuity being calculated, in the first instance, according to the probable duration of the life ; and, when once fixed, it is constant and invariable.
Page 301 - Provided always, and these presents are upon this express condition, that if the said party of the first part, his heirs, executors, or administrators, shall well and truly pay unto the said party of the second part...
Page 289 - Company shall not be liable for more than a ratable contribution in the proportion of the sum by them insured to the aggregate of such simultaneous insurance.