Lyons' Commercial Law: A Text Book for Schools and Colleges and a Book of Reference |
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Page 4
... Performance Forfeiture Set - Off Recoupment Miscellaneous Items Practical Review LEGAL MAXIMS NEGOTIABLE INSTRUMENTS Drafts Notes Checks · Conditions of Transfer Endorsements Presentment for Acceptance Presentment for Payment Quasi ...
... Performance Forfeiture Set - Off Recoupment Miscellaneous Items Practical Review LEGAL MAXIMS NEGOTIABLE INSTRUMENTS Drafts Notes Checks · Conditions of Transfer Endorsements Presentment for Acceptance Presentment for Payment Quasi ...
Page 17
... Performance . V. As to Relation of Obligors . These will now be considered separately . 26. As to Validity , contracts are : I. Valid . II . III . Void . Voidable . A valid contract is one which contains all the elements of a con- tract ...
... Performance . V. As to Relation of Obligors . These will now be considered separately . 26. As to Validity , contracts are : I. Valid . II . III . Void . Voidable . A valid contract is one which contains all the elements of a con- tract ...
Page 19
... Performance . - With reference to the time of their performance , contracts are either executed or executory . An executed contract is one whose conditions are already fulfilled . If the conditions are to be performed in the future , it ...
... Performance . - With reference to the time of their performance , contracts are either executed or executory . An executed contract is one whose conditions are already fulfilled . If the conditions are to be performed in the future , it ...
Page 28
... performance , but it must be absolutely impossible from the nature of things . The reason of this is that the promisee could not have expected the promisor to fulfill such an agreement and hence making the contract was sheer folly which ...
... performance , but it must be absolutely impossible from the nature of things . The reason of this is that the promisee could not have expected the promisor to fulfill such an agreement and hence making the contract was sheer folly which ...
Page 30
... performance of or the agreement to perform , what the prom- isor is already bound by law or contract to do for the promisee can be no consideration in a later contract . A owed B $ 293.07 on a note due in six months from date . Three ...
... performance of or the agreement to perform , what the prom- isor is already bound by law or contract to do for the promisee can be no consideration in a later contract . A owed B $ 293.07 on a note due in six months from date . Three ...
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Lyons' Commercial Law: A Text Book for Schools and Colleges and a Book of ... James A. Lyons No preview available - 2016 |
Common terms and phrases
acceptance agent agreement agrees amount of claim assigns bailee bailment bill bill of lading Bond required buyer carrier chattels Chicago common carrier common law condition consideration contract corporation court covenant creditors debt debtor deed delivered delivery Dollars draft drawee drawer duties emblements endorsement estate law fee simple Fee Tail firm Forfeiture fraud guaranty held holder Illinois implied insolvent interest joint tenancy Law Merchant lease liable loss maturity ment months mortgage mortgagor NATIONAL BANK negotiable instrument negotiable paper notice paid partner partnership party payable payment personal property pledge possession premium presented principal Priority promise to pay purchase real estate receipt required in double rule seal secure sell seller Specified articles statute Statute of Frauds surety tenant thereof thing third persons tion transfer usually usurious valid Value received void warranty warranty deed
Popular passages
Page 10 - First, and which are of a general nature and not local to that kingdom, shall be the rule of decision, and shall be considered as of full force until repealed by legislative authority."— Act of the General Convention of Delegates of the Colony of Virginia, held at Williamsburg, Monday, May 6, 1776.
Page 219 - TOGETHER with all and singular the hereditaments and appurtenances thereunto belonging, or in anywise appertaining and the reversion and reversions, remainder and remainders, rents, issues and profits thereof...
Page 218 - America, to him in hand paid by the said party of the second part, the receipt whereof is hereby acknowledged, does by these presents grant, bargain, sell, convey, and confirm unto the said party of the second part, and to his heirs and assigns forever, [here give description of property].
Page 220 - Rodman, who are personally known to me to be the same persons whose names are subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that they signed, sealed, and delivered the said instrument as their free and voluntary act for the uses and purposes therein set forth.
Page 10 - That the common law of England so far as the same is applicable and of a general nature...
Page 222 - Belle, his wife, party of the first part, for themselves and their heirs, executors, and administrators, do covenant, grant, bargain, and agree, to and with the said party of the second part, his...
Page 7 - Municipal law, thus understood, is properly defined to be a 'rule of civil conduct prescribed by the supreme power in a state, commanding what is right and prohibiting what is wrong.
Page 108 - For value received I hereby guarantee the payment of the within note.
Page 224 - In witness whereof the said party of the first part has hereunto set his hand and seal the day and year first above written.
Page 222 - ... whatsoever of the said party of the first part, either in law or equity of, in and to the above bargained premises with the said hereditaments and appurtenances.