Burgess' Commercial Law: A Text Book for All Classes of Schools and Colleges in which Courses are Offered in Commercial LawLyons & Carnahan, 1921 - 392 páginas |
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Burgess' Commercial Law: A Text Book for All Classes of Schools and Colleges ... Kenneth F. Burgess Sin vista previa disponible - 2017 |
Términos y frases comunes
acceptance agent agreed to pay agreement Ames amount bailee bailment bailor bank Bates bill of lading breach buyer called carrier claim common carrier common law consideration corporation court court of equity creditors damages debt debtor deed defense delivered delivery discharged Dollars draft drawee drawer due course duties enforced entitled EXAMPLE fee simple firm Forfeiture fraud guaranty holder in due Homestead horse indorsement injury instrument interest joint stock company Jones land Law Merchant liable loss mortgage negotiable negotiable instruments notice offer offeror owner paid partners partnership party payable payee payment performance Personal property possession presented principal promise to pay promissory note purchase real estate received recover refused REVIEW QUESTIONS rule seal secure seller sold specified items statute Statute of Frauds sued surety tenant third persons transfer valid voidable warranty warranty deed
Pasajes populares
Página 120 - An accommodation party is one who has signed the instrument as maker, drawer, acceptor or indorser, without receiving value therefor, and for the purpose of lending his name to some other person. Such a person is liable on the instrument to a holder for value, notwithstanding such holder at the time of taking the instrument knew him to be only an accommodation party.
Página 125 - Value is any consideration sufficient to support a simple contract. An antecedent or pre-existing debt constitutes value ; and is deemed such whether the instrument is payable on demand or at a future time.
Página 295 - A corporation is an artificial being, invisible, intangible, and existing only in contemplation of law. Being the mere creature of law, it possesses only those properties which the charter of its creation confers upon it, either expressly or as incidental to its very existence.
Página 143 - Where the bill is drawn payable elsewhere than at the residence or place of business of the drawee.
Página 351 - Witnesseth: That the said party of the first part for and in consideration of the sum of five hundred dollars ($500.00), lawful money of the United States of America, to them in hand paid by the said party of the second part, the receipt whereof is hereby .confessed and acknowledged...
Página 357 - 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, his executors, administrators, or assigns...
Página 128 - Every negotiable instrument is payable at the time fixed therein without grace. When the day of maturity falls upon Sunday, or a holiday, the instrument is payable on the next succeeding business day. Instruments...
Página 161 - If the payment be less than the interest, the surplus of interest must not be taken to augment the principal, but interest continues on the former principal until the period when the payments taken together exceed the interest due...
Página 190 - Where there is an unconditional contract to sell specific goods, in a deliverable state, the property in the goods passes to the buyer when the contract is made and it is immaterial whether the time of payment, or the time of delivery, or both, be postponed.
Página 105 - Where an acceptance is written on a paper other than the bill itself, it does not bind the acceptor except in favor of a person to whom it is shown and who, on the faith thereof, receives the bill for value.