Commercial Law Cases
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In our eReader you can find the full English version of the book. Read Commercial Law Cases Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Commercial Law Cases
What reading level is Commercial Law Cases book?
To quickly assess the difficulty of the text, read a short excerpt:
They procured from the bank a loan of $35,000, giving a note and collateral security which they agreed the bank might apply upon any liabilities due or to become due to it from them. Subsequently the bank purchased a dishonored note made by Talmage's sons and seeks to apply the collateral to the payment of this note.
Held, that a contract is to be construed reasonably rather than unreasonably.
Martin, J.
The question in this case is whether, under any proper con- struction of the contract, the ...defendant was authorized to retain the property pledged until the $5,000 note was paid.
The respondent's contention is that this agreement and note authorized the defendant to hold the property pledged, not only as security for the sum loaned and such other liabilities as were contracted or existed between them as bank and customer, but also for any and all claims against the plaintiff's assignors which it might purchase, regardless of their character, so long as they were liabilities of the assignors and owned by the defendant.
What to read after Commercial Law Cases?
You can find similar books in the "Read Also" column, or choose other free books by Harold Livingston Perrin to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
They procured from the bank a loan of $35,000, giving a note and collateral security which they agreed the bank might apply upon any liabilities due or to become due to it from them. Subsequently the bank purchased a dishonored note made by Talmage's sons and seeks to apply the collateral to the payment of this note.
Held, that a contract is to be construed reasonably rather than unreasonably.
Martin, J.
The question in this case is whether, under any proper con- struction of the contract, the ...defendant was authorized to retain the property pledged until the $5,000 note was paid.
The respondent's contention is that this agreement and note authorized the defendant to hold the property pledged, not only as security for the sum loaned and such other liabilities as were contracted or existed between them as bank and customer, but also for any and all claims against the plaintiff's assignors which it might purchase, regardless of their character, so long as they were liabilities of the assignors and owned by the defendant.
What to read after Commercial Law Cases?
You can find similar books in the "Read Also" column, or choose other free books by Harold Livingston Perrin to read onlineMoreLess
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