The Treatise of Laws, Preliminary Book, and Part I. of Engagements

The Treatise of Laws, Preliminary Book, and Part I. of Engagements

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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. 1850 edition. Excerpt: ...1, 16, D. de ererc. act.;--l. 4, C'. dc inst.ete1'e1t.act. " L. 7, l, D.deinst.act.;--l. 1, 16, ercrcit. acl.;--l. 4, ererc. act., -l. ll, l, D. de inst. act. By the ordinance of the year 1673, in the title of Apprai twea, Traders, Q-c., art. 6, all traders and merchants by wholesale or retail, as also bankers, VI. 1189. The several Partners in a Commerce are all of them answerable in the whole for what their Factor does.--If several partners concerned in the same commerce, or other affair that is in common among them, employ one and the same factor, his act will oblige every one of the partners for the whole of what he does or contracts. For every one of them has set him over the business; and the person who has contracted with the factor has perhaps had in his view only one of the partners, and has transacted with the factor purely in consideration of the security which he proposed to himself by having that partner bound for what the factor promised.' VII. 1190. When several Pa/rtners drive a/ny of these Public Tlrades, the Act of one Partner binds all the others for the whole.--If two or more persons manage by themselves in partnership any of these public trades, he who has treated with one of the partners, in the name of the company, shall have all the other partners bound in the whole for what he has contracted! VIII. 1191. The Factor is not obliged in his own Name.--Factors and agents, who treat only in this quality, are not bound in their own names by the engagements which they contract, on account of the business which is intrusted to them, and in the name of their masters." 1192. In what Manner the Power of a Factor or Agent expires.---The power of factors and...
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Product details

  • Paperback | 360 pages
  • 189 x 246 x 19mm | 644g
  • United States
  • English
  • black & white illustrations
  • 123693895X
  • 9781236938954