Читать книгу Barkham Burroughs' Encyclopaedia of Astounding Facts and Useful Information, 1889 - Barkham Burroughs - Страница 114

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Ignorance of the law excuses no one. It is a fraud to conceal a fraud. The law compels no one to do impossibilities. An agreement without consideration is void. Signatures made with a lead pencil are good in law. A receipt for money paid is not legally conclusive. The acts of one partner bind all the others. Contracts made on Sunday cannot be enforced. A contract made with a minor is void. A contract made with a lunatic is void. Principals are responsible for the acts of their agents.

Agents are responsible to their principals for errors. Each individual in a partnership is responsible for the whole amount of the debts of the firm. A note given by a minor is void. Notes bear interest only when so stated. It is legally necessary to say on a note "for value received." A note drawn on Sunday is void. A note obtained by fraud, or from a person in a state of intoxication, cannot be collected. If a note be lost or stolen, it does not release the maker; he must pay it. An endorser of a note is exempt from liability if not served with notice of its dishonor within twenty-four hours of its non-payment.