Book Description

Excerpt from Rowe's Commercial Law This permits the student to apply the principles of law intelligently. Only those cases stating facts upon which decisions have been practically uniform, have been used for purposes of illustration. As has been stated, the general principles of commercial law seldom change, but it should be remembered that often the decisions of even the highest courts rendered in cases where the facts are seemingly exactly similar, differ widely. A course of training in commercial law that leads the student to believe that the decisions of courts upon cases involving the same statements of fact are always the same, or that leaves him in uncertainty with regard to a clear understanding of the essential facts of a given case is grossly misleading and objectionable. It should be clearly understood and pointed out that judges and juries render decisions upon what is their understanding of the facts and the law, but that the understanding and decision of another judge or jury may be entirely different. From this it is clear that the purpose of instruction in commercial law should be in the direction of qualifying the student to exercise an intelligent judgment in the conduct of his business, so as to avoid transgression of the law and the penalties attached thereto, and to avoid the legal difficulties that are sure to result from ignorance of the law. The purpose of his instruction should be to avoid conflict with the law, and to so conduct his affairs at all times that he may be within the law as regards his own rights and privileges without infringing upon the rights and privileges of others. If this rather restricted purpose is maintained in the students training, it will in the largest degree result to his benefit and protection in his subsequent career. This purpose was continually kept in mind in the preparation of this text. 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.