Introduction to the Commercial Sciences
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The same person will equally buy and sell on credit. 5 1 Kredit ; crldit. Each form of the word of course comes from the Latin credere. The jurist Ulpian (following Celsus) says, " Credtndi generalis appellatio est . . . Nam cuicumque rei assentiamur alienam fidem secuti, mox recepturi quid ex hoc contractu credere dicamus. " (Dig. , xii. I. I. ) 2 See his Principles, bk. Iii. Ch. Xi. , comparing RosCHER, pp. 245 ff. , or the elementary work of WALKER, cp. Xiii. , LAVELEYE, pp. 216 ff.
3 LAVELE...YE, pt. Ii. Ch. Iv. 3.
4 The tendency, however, now is towards curtailment of credit, more wholesale transactions being for 'cash. ' 6 BAGEHOT, Lombard Street, pp. 58 f.
CREDIT IN GENERAL. 83 85. We may at once enter upon the consideration of the instruments of credit, the chief of which are ' negotiable instruments, ' relating to money or goods the property in which passes by transfer of the instrument, either as made out to 'bearer, ' to 'order, ' to the payee 'and his assigns, ' or containing such other words importing a transfer.
What to read after Introduction to the Commercial Sciences?
You can find similar books in the "Read Also" column, or choose other free books by Edward Elihu Whitfield to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The same person will equally buy and sell on credit. 5 1 Kredit ; crldit. Each form of the word of course comes from the Latin credere. The jurist Ulpian (following Celsus) says, " Credtndi generalis appellatio est . . . Nam cuicumque rei assentiamur alienam fidem secuti, mox recepturi quid ex hoc contractu credere dicamus. " (Dig. , xii. I. I. ) 2 See his Principles, bk. Iii. Ch. Xi. , comparing RosCHER, pp. 245 ff. , or the elementary work of WALKER, cp. Xiii. , LAVELEYE, pp. 216 ff.
3 LAVELE...YE, pt. Ii. Ch. Iv. 3.
4 The tendency, however, now is towards curtailment of credit, more wholesale transactions being for 'cash. ' 6 BAGEHOT, Lombard Street, pp. 58 f.
CREDIT IN GENERAL. 83 85. We may at once enter upon the consideration of the instruments of credit, the chief of which are ' negotiable instruments, ' relating to money or goods the property in which passes by transfer of the instrument, either as made out to 'bearer, ' to 'order, ' to the payee 'and his assigns, ' or containing such other words importing a transfer.
What to read after Introduction to the Commercial Sciences?
You can find similar books in the "Read Also" column, or choose other free books by Edward Elihu Whitfield to read onlineMoreLess
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