A S

LAWS OF BUSINESS

FOR

BUSINESS MEN,

IN ALL THE STATES OF THE UNION.

WITH

FORMS FOR MERCANTILE INSTRUMENTS, DEEDS,
LEASES, WILLS, &c.

BY THEOPHILUS PARSONS, LL.D.

PROFESSOR OF LAW IN THE UNIVERSITY AT CAMBRIDGE.

COMPILED BY THE AUTHOR PRINCIPALLY FROM HIS TREATISES ON THE LAWS OF
CONTRACTS, AND ON THE ELEMENTS OF COMMERCIAL LAW.

BOSTON:

LITTLE, BROWN, AND COMPANY.

1857.

LIBRARY OF THE

LELAND STANFORD JR. UNIVERSITY.

A.34737.

Entered according to Act of Congress, in the year 1857, by

THEOPHILUS PARSONS,

in the Clerk's Office of the District Court of the District of Massachusetts.

CAMBRIDGE:
ELECTROTYPED BY METCALF AND COMPANY.

PRINTED BY ALLEN AND FARNHAM.

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SECT. 1. Who may be Parties to Mercantile Contracts

3.

Of Offers giving Time

4.

5.

Of a Bargain by Correspondence

What Evidence may be received in reference to a Written

CHAPTER V.

OF CONSIDERATION.

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16

17

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4. Of Impossible Considerations

5. Of Failure of Consideration

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6.

7.

Of the Rights of one who is a Stranger to the Consideration

Of the Consideration arising from Discharging the Debt of

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another

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