A Text-Book On Commercial Law: a Manual of the Fundamental Principles ...
A Text-Book On Commercial Law: a Manual of the Fundamental Principles ...
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In our eReader you can find the full English version of the book. Read A Text-Book On Commercial Law: a Manual of the Fundamental Principles ... Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book A Text-Book On Commercial Law: a Manual of the Fundamental Principles ...
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To quickly assess the difficulty of the text, read a short excerpt:
In General. — Banking as a business, is dealing in money. It consists mainly of two branches, (1) the re- ceiving of money on deposit, and (2) the loaning of money at interest. Thus A, B, and deposit some money with the bank; the bank takes that money and lends it to D and * A chattel means a piece of personal property.
Digitized by LjOOQlC 184 ParHeular Cases.
E. It pays tio interest (or a low fate) to A, B, and 0, but charges D and E intorest. There are therefore two classes of people with wh...om the bank has dealings, (1) those who deposit their money with the bank (called depositors), and (2) those who borrow from the bank. Banking is often carried on by individuals or firms, but most extensively by banking corporations.* 2. Deposits. — A deposit is substantially a loan to the bank. The depositor may withdraw his money or any part of it at any time he chooses. The act of opening an ac- count with a bank makes a contract. On the part of the depositor, this contract is that the bank may use as its own whatever money he deposits with it; on the part of the bank, the contract is that it will pay back to him the money or any part of it whenever he calls for it.
What to read after A Text-Book On Commercial Law: a Manual of the Fundamental Principles ...?
You can find similar books in the "Read Also" column, or choose other free books by Salter S Salter Storrs Clark to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In General. — Banking as a business, is dealing in money. It consists mainly of two branches, (1) the re- ceiving of money on deposit, and (2) the loaning of money at interest. Thus A, B, and deposit some money with the bank; the bank takes that money and lends it to D and * A chattel means a piece of personal property.
Digitized by LjOOQlC 184 ParHeular Cases.
E. It pays tio interest (or a low fate) to A, B, and 0, but charges D and E intorest. There are therefore two classes of people with wh...om the bank has dealings, (1) those who deposit their money with the bank (called depositors), and (2) those who borrow from the bank. Banking is often carried on by individuals or firms, but most extensively by banking corporations.* 2. Deposits. — A deposit is substantially a loan to the bank. The depositor may withdraw his money or any part of it at any time he chooses. The act of opening an ac- count with a bank makes a contract. On the part of the depositor, this contract is that the bank may use as its own whatever money he deposits with it; on the part of the bank, the contract is that it will pay back to him the money or any part of it whenever he calls for it.
What to read after A Text-Book On Commercial Law: a Manual of the Fundamental Principles ...?
You can find similar books in the "Read Also" column, or choose other free books by Salter S Salter Storrs Clark to read onlineMoreLess
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