Contracts. Agency Volume 3

Contracts. Agency Volume 3

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1908 edition. Excerpt: ...and Suretyship.7 Insurance.8 1 See Section 95. 1 See Section 99. 1 See Section 96. See Section 100. 1 See Section 97. 7 See Section 101. 4 See Section 98. See Section 102. Section 95. Sales. Sales of personal property were among the earliest contracts to come into existence. A sale is a contract for the transfer of property from one person to another, in consideration of some price, or recompense in value. When goods are exchanged for goods the transaction is called barter. The laws governing sale and barter are in general the same. Sales is the eleventh subject treated in this work, and will be found in Volume V. Section 96. Bailments. Closely allied to contracts of sale are bailments which transfer the possession of the goods without transferring the title. Sir William Jones, the first important writer on this branch of the law, defines a bailment as "A delivery of goods in trust on a contract expressed or implied, that the trust shall be duly executed and the goods redelivered as soon as the time or use for which they are bailed shall have elapsed or be performed." Bailments is the twelfth subject treated in this work and will be found in Volume V. Section 97. Agency. Agency is the term signifying the legal relations established when one man is authorized to represent and act for another and does so represent and act for another.9 With the increase of complexity of commercial transactions, agency becomes a more and more important branch of the law. Agency is the seventh subject treated in this work, and is found in this volume. Section 98. Partnership. Partnership is the relation subsisting between two or more persons who have contracted together to Huffcutt on Agency, Sec. 2. share, as common owners, the profits of a business carried on more

Product details

  • Paperback | 92 pages
  • 189 x 246 x 5mm | 181g
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236664140
  • 9781236664143