Business Law for EngineersMcGraw-Hill Book Company, Incorporated, 1919 - 460 páginas |
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Términos y frases comunes
acceptance action agent agreed agreement amount arbitration Architect Article authority award bank bidder bill Board Bond buyer carrier certified check chapter Chief Engineer City claim clause Commission common carrier Common Law completion construction Contract Form Contracting Officer Contractor contributory negligence corporation cost court of Equity damages deed delay delivery deposit determine drawee drawer duty easement eminent domain employee estimate evidence executed fact fee simple Franktown fraud furnish hereby holder indorsement injury interest Item jury labor land lawyer liable liquidated damages materials matter ment municipal necessary negligence negotiable instrument notice otherwise Owner paid party payable payment performance person presented proper Proposal quitclaim deed railroad reasonable remedy seal Section secure seller signature sometimes specifications statute Statute of Frauds sub-contractor sufficient thereof tion torts ultra vires unless warranty writing written
Pasajes populares
Página 10-17 - Every holder is deemed prima facie to be a holder in due course; but when it is shown that the title of any person who has negotiated the instrument was defective, the burden is on the holder to prove that he or some person under whom he claims acquired the title as a holder in due course.
Página 9 - Act. In any case not provided for in this act, the rules of law and equity, including the law merchant...
Página 10-19 - As respects one another, indorsers are liable prima facie in the order in which they indorse; but evidence is admissible to show that as between or among themselves they have agreed otherwise. Joint payees or joint indorsees who indorse are deemed to indorse jointly and severally.
Página 10-7 - Every contract on a negotiable instrument is incomplete and revocable until delivery of the instrument for the purpose of giving effect thereto. As between immediate parties, and as regards a remote party other than a holder in due course, the delivery, in order to be effectual, must be made either by or under the authority of the party making, drawing, accepting, or indorsing, as the case may be ; and in such case the delivery may be shown to have been conditional, or for a special purpose only,...
Página 10-11 - Where the holder of a bill drawn payable elsewhere than at the place of business or the residence of the drawee has not time with the exercise of reasonable diligence to present the bill for acceptance before presenting it for payment on the day that it falls due, the delay caused by presenting the bill for acceptance before presenting it for payment is excused, and does not discharge the drawers and indorsers.
Página 10-24 - A negotiable instrument is discharged : 1. By payment in due course by or on behalf of the principal debtor ; 2. By payment in due course by the party accommodated, where the instrument is made or accepted for accommodation; 3. By the intentional cancellation thereof by the holder; 4. By any other act which will discharge a simple contract for the payment of money; • 6.
Página 10-11 - Notice of dishonor is not required to be given to an indorser in either of the following cases : 1. Where the drawee is a fictitious person or a person not having capacity to contract, and the indorser was aware of the fact at the time he indorsed the instrument; 2.
Página 10-9 - The acceptance of a bill is the signification by the drawee of his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will perform his promise by any other means than the payment of money.
Página 3-9 - ... unless the agreement, upon which such action shall be brought or some memorandum or note thereof, shall be in writing, and signed by the party to be charged therewith, or some other person thereunto by him lawfully authorized.
Página 8-17 - A contract to sell goods is a contract whereby the seller agrees to transfer the property in goods to the buyer for a consideration called the price.