Commercial Law Exam Notes
Commercial Law Notes For Course at Deakin University
56 Pages of Accurate Notes
Includes and Covers:
assignment of contractual rights and liabilities; agency (creation and forms of agency, authority, principal's relationship with third parties, agent's relationship with third party, relationship between principal and agent, termination); supply of goods within Australia (passing of property, implied terms, performance, remedies); the unconscionability provisions of the Trade Practices Act 1974, insurance (nature and types of insurance, insurable interest, Insurance Contracts Act 1984, insurance intermediaries, contribution, subrogation
Resource Sample
Commercial Law Study notes and notes from readings Topic One Nature of agency Peterson v Maloney o Appeal case o Where the plaintiff-appellant sued the two respondent-defendants o P sold and transferred to Defendant (Moloney) a house and certain furniture and other chattels for a total price of 700 pounds. o Defendant Pulbrook acted as an agent o Moloney paid to Pullbrook the full price of 700 pounds o Pulbrook did not pay any part of that sum to the plaintiff o Walker J. gave judgement for the plaintiff as against Pulbrook, and for Moloney as against the plaintiff (though we discover Pulbrook is bankrupt) o The plaintiff appeals o The case is one in which one of the parties must, of necessity, suffer hardship. o There are two matters o There had been a ratification by the plaintiff of the receipt by Pulbrook of the sum of 700 pounds o The evidence in question is to the effect that the p...
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