This textbook provides a comprehensive overview of commercial law, with a focus on the fundamental principles that underpin business transactions. The book covers a wide range of topics, including contracts, agency, property, and bankruptcy law. It is intended for use in commercial colleges, high schools, and academies, and is designed to be accessible to students with no prior legal training. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Excerpt from A d104-Book on Commercial Law; A Manual of the Fundamental Principles Governing Business Transactions: For the Use of Commercial Colleges, High Schools and Academies The design of the author in this volume has been to present, simply and compactly, the principles of law affecting the ordinary transactions of commercial life, in the form of a class-book for schools and commercial colleges. Youths who are soon to take an active part in business matters should certainly know something of the responsibilities they are to assume, the legal consequences of their acts. That heretofore this subject has formed but a small part of the ordinary educational system, is due partly, perhaps, to the idea that law is too weighty and intricate to be taught to the young. This would be so were it taught at all in detail, or technically. But, it is thought, a book confining itself to principles, stating them in the plainest language, and presenting them as a consistent and interdependent system, would he useful. A knowledge of principles is often the only guide one has, and it must be useful because it indicates the general rule. Every man does govern his actions, in business and elsewhere, upon some principles gained or stumbled upon in the course of his experience. But it were much better to have these, and many others which could not be learned from experience, planted in the mind while it was plastic. Experience also gives its principles merely as isolated facts; a book does, or should, give them in their proper relations, and show how, as is very often the case, what appears to be an exception to some rule is but the application of one more important. 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.