Business Law: A Text-book for Schools and Colleges

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Silver, Burdett and Company, 1900 - 353 էջ

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Common terms and phrases

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Էջ 307 - A corporation is an artificial being, invisible, intangible, and existing only in contemplation of law. Being the mere creature of law, it possesses only those properties which the charter of its creation confers upon it, either expressly or as incidental to its very existence.
Էջ 234 - common carrier" has, therefore, been defined to be one who undertakes for hire or reward to transport the goods of such as choose to employ him from place to place.
Էջ 345 - A promissory note is a written promise to pay a certain sum of money at a future time, unconditionally.
Էջ 177 - The person to whom the money is to be paid is called the payee.
Էջ 344 - French word, of the same origin as the word "liable," and originally signified a string, a tie, a bind. In its broader sense the word "lien" is used to denote a claim or hold which one person has upon the property of another as security for some debt or charge.
Էջ 229 - It should be noted that the contract of the maker of a note or the acceptor of a bill is absolute; each is liable in any event.
Էջ 342 - ... caveat emptor: let the buyer beware caveat venditor: let the seller beware...
Էջ 139 - ... is, to put the plaintiff in the same position, so far as money can do it, as he would have been if the contract had been performed or the tort not committed.
Էջ 7 - Gheel, as a colony of the insane, has existed for a time " whereof the memory of man runneth not to the contrary,
Էջ 85 - ... that it was made with intent to deceive and for the purpose of inducing the other party to act upon it; and that he did in fact rely on it and was induced thereby to act to his injury or damage.

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