A 'factor' is a mercantile agent who in the ordinary course of business is entrusted with possession of goods or of the documents of title thereto1, and a 'broker' is a mercantile agent who in the ordinary course of his business is employed to make contracts for the purchase or sale of property or goods of which he is not entrusted with the possession or documents of title2.
A forwarding agent is one who undertakes the shipment or transmission of goods3. There is a custom of the trade that a forwarding agent incurs personal liability for freight charges whether transmission
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Millett LJ subdivided types of constructive trust into two categories, distinguishing between:•the constructive trust proper, where equity intervenes to prevent the legal owner from unconscionably denying the beneficial interest of another (known as the institutional constructive trust)•the
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This Practice Note examines the doctrine of consideration and the key role it plays in English law in determining whether a contract is enforceable.A promise will only be capable of being contractually enforced if it is either made in a deed or made in exchange for something of value, known as
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