Introduction to the Science of Law; Systematic Survey of the Law and Principles of Legal Study

Introduction to the Science of Law; Systematic Survey of the Law and Principles of Legal Study

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1921 edition. Excerpt: ...exchange2 (Tausch) or barter, are the related commercial activities dealing with securities and transactions affected by the element of time (Fixgeschdfte): purchase and sale of commodities and securities on a stock exchange consummated by payment of the difference in market price within a fixed period, and not by delivery of the commodity or security (Di_fferenzgeschdft);3 reservation of a right, upon payment of a premium, to withdraw from a contract relating to securities, or to alter its terms in a definite 1Consonant with the development above noted in which originally the giving of credit was unknown, sale, primitively, was a cash transaction. Where the transaction was not one for cash the purchaser at the time of the sale either gave a pledge (wadium), or a bond acknowledging indebtedness, in which the purchaser obligated himself to pay the seller a sum of money, equal to the purchase price as a loan. The former was the early German method, and the latter the ancient Babylonian institution. See Sohm, InsL, sec, 69 (1); Salkowski, In$t., secs. 141, 142; B.G.B., secs. 433-514; Cosack, B.R., sec. 121. Regarding commercial sale, see Gareis, in Endemann's Handbch. d. H.R., Bd. II, sec. 258; H.G.B., secs. 373-382: Gareis, H.R., secs, 45-49. 2 Odyss, I, 183; B.G.B., sec. 515; Cosack, B.R., sec. 133; Gareis, H.R., p. 30. 3 B.G.B., sec. 764; Bourse statute, secs. 66-69; Gareis, H.R., sec. 48. II: Cosack, H.R., secs. 77, 78. manner (Priirrn'en, cents;eschdf1!);1 agreements deferring settlement the consideration for which is called on the English stock exchange, contango, (Reponfgeschdft);2 agreements to transfer the proceeds of a particular drawing in a premium lottery (Promessengeschdfte),3 also called Hofi'nungskauf: the business oshow more

Product details

  • Paperback | 132 pages
  • 189 x 246 x 7mm | 249g
  • United States
  • English
  • black & white illustrations
  • 1236877950
  • 9781236877956