A Treatise On Business Law

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ISBN 13 : 9781330894231
Total Pages : 214 pages
Book Rating : 4.8/5 (942 download)

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Download or read book A Treatise on Business Law written by and published by . This book was released on 2015-07-07 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from A Treatise on Business Law: With Forms of Ordinary, Legal, and Business Documents; Designed for Use in All Schools in Which the Commercial Branches Are Taught and as a Book of Reference for Business Men The Reason for Commercial Law. - Nations have rules governing their conduct with each other, called International Laws. Each nation enacts laws, called Statute Laws, governing the conduct of its citizens, toward each other as citizens, and toward the State. For the same reason, men, in their private business transactions and dealings with each other, find it necessary to have law to go by. The Source of Commercial Law. - It came from England. The colonists brought it with them, and when they finally reduced the whole country to English sway the Common Law of England became the law of the United States of America. The Origin of Commercial Law. - Custom brought it about. Merchants transacted their business in an accustomed way so long that the custom gradually became the law from which no man could depart. Men exercised rights in an accustomed way, over articles of personal property or over land, for so long a time, that their rights began to be respected by others, and finally those rights, including the manner in which they had exercised them, became recognized law. Statute Law. - It is frequently found that the rules of the common law, while adapted to the condition of things in England, will not answer for the United States. The remedy is by statute laws. They are laws enacted by the Legislature of a State and they overrule the common law. The rules of law given in this book are mainly common law rules. There are some statutes, however, which have been so universally enacted by the several States, as to constitute almost uniform laws. Whenever the common law has thus been abrogated, altered or supplemented, a knowledge of the subject matter of the statute law is equally necessary. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.