Documents of TitleAmerican Law Institute-American Bar Association Committee on Continuing Professional Education, 1978 - 189 pages |
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Page 64
29 In all cases , the lien is defeated if the bailee “ had notice ” that the bailor “ lacked authority to subject the goods to such charges and expenses . “ Notice ” means actual knowledge , receipt of a notification , or “ reason to ...
29 In all cases , the lien is defeated if the bailee “ had notice ” that the bailor “ lacked authority to subject the goods to such charges and expenses . “ Notice ” means actual knowledge , receipt of a notification , or “ reason to ...
Page 75
it in good faith ( including the observance of reasonable commercial standards ) without notice of any defense against or claim to it on the part of any person and for value , unless it is established that the negotiation is not in the ...
it in good faith ( including the observance of reasonable commercial standards ) without notice of any defense against or claim to it on the part of any person and for value , unless it is established that the negotiation is not in the ...
Page 79
28 And it is indeed true that decisions have denied protection to purchasers who had notice from facts putting them on inquiry . Since , however , Section 7–501 ( 4 ) also contains the traditional requirementạo that a holder by due ...
28 And it is indeed true that decisions have denied protection to purchasers who had notice from facts putting them on inquiry . Since , however , Section 7–501 ( 4 ) also contains the traditional requirementạo that a holder by due ...
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Contents
Chapter | 1 |
Form of Documents | 19 |
Liabilities of the Bailee | 33 |
Copyright | |
12 other sections not shown
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Common terms and phrases
acceptance according additional American applies Article authority bailee Bank bill of lading buyer carrier cert charges claim Code common Company condition consignee contained contract cotton course court covered Customs damage definition delivered delivery order denied depositor document of title draft due negotiation effect entitled Example faith federal filing forwarder freight give given held holder indorsement instructions involved issued issuer letter of credit liability lien limited loss ment named Nat'l Bank negotiable document nonnegotiable notice notification obligation obtained owner party payment person pledged possession prior protection provisions purchaser reasonable receive regular result revised risk rule Section security interest seems seller shipment shipped shipper statutes storage stored supra surrender tion transaction transfer transportation Trust UBLA UCC REP Uniform unless UWRA warehouse receipts warehouseman