BROKER
Categories: Contracts
Definition (1910 Edition)
stated; and, as to the other £500, that B., in consideration thereof, shail pay to A. £100 per annum for seven years. Wharton.
may buy and sell in his own name, and he has the goods in his possession ; while a broker, as such, cannot ordinarily buy or sell in his own name, and has no possession of the goods sold. ye v. Tucker, Wall. 321, 3380, 23 L. Ed.
may buy and sell in his own name, and he has the goods in his possession ; while a broker, as such, cannot ordinarily buy or sell in his own name, and has no possession of the goods sold. ye v. Tucker, Wall. 321, 3380, 23 L. Ed.
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain.
UK commentary and modern updates are original additions. This entry is for educational
reference only and does not constitute legal advice.