The Law of Contracts, Volume 2Baker, Voorhis & Company, 1920 - Contracts |
From inside the book
Results 1-5 of 100
Page 1142
... FORFEITURE OR PENALTY What is meant by a forfeiture ... 769 What is meant by penalty .... 770 Non - enforceability of provisions for forfeiture in mortgages . 771 Conditional sales distinguished from mortgages .. 772 Technicality of the ...
... FORFEITURE OR PENALTY What is meant by a forfeiture ... 769 What is meant by penalty .... 770 Non - enforceability of provisions for forfeiture in mortgages . 771 Conditional sales distinguished from mortgages .. 772 Technicality of the ...
Page 1143
... forfeiture is caused . Impossibility does not excuse breach of condition precedent . Impossibility of performing conditions subsequent ... Impossibility of performing the condition of a bond . Effect of agreement in contract excluding ...
... forfeiture is caused . Impossibility does not excuse breach of condition precedent . Impossibility of performing conditions subsequent ... Impossibility of performing the condition of a bond . Effect of agreement in contract excluding ...
Page 1159
... forfeited if the debt is not paid on the law day . This provision will not be enforced . The mortgagor will be allowed a right of redemption , but it is a vicious terminology which would classify this legal effect of the mortgage upon ...
... forfeited if the debt is not paid on the law day . This provision will not be enforced . The mortgagor will be allowed a right of redemption , but it is a vicious terminology which would classify this legal effect of the mortgage upon ...
Page 1191
... forfeiture for failing to pay taxes for three months after the taxes " become due and payable " in- corporates a statute stating when they are due and payable.60 A contract evidenced by a written statement that $ 1,600 has been ...
... forfeiture for failing to pay taxes for three months after the taxes " become due and payable " in- corporates a statute stating when they are due and payable.60 A contract evidenced by a written statement that $ 1,600 has been ...
Page 1203
... forfeiture will not be favored . For the same reason , a restriction in a deed on the use of property will be construed in favor of the grantee ; and when contracts are optional in respect to one party , they are strictly construed in ...
... forfeiture will not be favored . For the same reason , a restriction in a deed on the use of property will be construed in favor of the grantee ; and when contracts are optional in respect to one party , they are strictly construed in ...
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Other editions - View all
Common terms and phrases
acceptance accord and satisfaction action agreed agreement ance applicable assent Bank bargain bilateral contract breach of condition breach of contract buyer cited common law condition precedent Conn construed court courts of equity covenant damages decisions default defective defendant delivered delivery dition effect election enforce equity excuse express fact forfeiture formance held implied infra instalment intention Iowa justify liability liquidated damages Lumber Mass meaning ment Minn mutual N. Y. App N. Y. Misc non-performance obligation paid parol evidence parol evidence rule party payment performance plaintiff premium principle promise to pay promisor promissory estoppel purchaser question reason recover refusal rescind rule seller Singer Mfg Smith stipulation subsequent supra surrender tender tion tract unless usage vendor waived waiver warranty words written contract
Popular passages
Page 1802 - Any affirmation of fact or any promise by the seller relating to the goods is an express warranty if the natural tendency of such affirmation or promise is to induce the buyer to purchase the goods, and if the buyer purchases the goods relying thereon. No affirmation of the value of the goods, nor any statement purporting to be a statement of the seller's opinion only shall be construed as a warranty.
Page 2046 - Does not specify the value given, or that any value has been given therefor; or 3. Does not specify the place where it is drawn or the place where it is payable; or 4. Bears a seal; or 5. Designates a particular kind of current money in which payment is to be made.
Page 1633 - Where there is a contract to sell goods to be delivered by stated instalments, which are to be separately paid for, and the seller makes defective deliveries in respect of one or more...
Page 1781 - Unless otherwise agreed, delivery of the goods and payment of the price are concurrent conditions ; that is to say, the seller must be ready and willing to give possession of the goods...
Page 2053 - But where the instrument is in the hands of a holder in due course, a valid delivery thereof by all parties prior to him so as to make them liable to him is conclusively presumed.
Page 1176 - Hall, that in construing wills, and indeed statutes, and all written instruments, the grammatical and ordinary sense of the words is to be adhered to, unless that would lead to some absurdity or some repugnance or inconsistency with the rest of the instrument, in which case the grammatical and ordinary sense of the words may be modified, so as to avoid that absurdity and inconsistency, but no further.
Page 1816 - Subject to the provisions of this Act and of any statute in that behalf, there is no implied warranty or condition as to the quality or fitness for any particular purpose of goods supplied under a contract of sale...
Page 2027 - That if goods are delivered to a carrier by the owner or by a person whose act in conveying the title to them to a purchaser...
Page 2082 - In the hands of any holder other than a holder in due course, a negotiable instrument is subject to the same defenses as if it were nonnegotiable. But a holder who derives his title through a holder in due course...
Page 2045 - ... any act in addition to the payment of money is not negotiable. But the negotiable character of an instrument otherwise negotiable is not affected by a provision which — 1. Authorizes the sale of collateral securities in case the instrument be not paid at maturity; or 2.