United Kingdom commercial law

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United Kingdom commercial law is the law which regulates the sale and purchase of goods and services, when doing business in the United Kingdom.

History

File:The Guildhall in the City of London - geograph.org.uk - 681581.jpg was the administrative centre of London's medieval trade. Its most famous inhabitant, mythologised in the 19th century play, was Dick Whittington and His Cat who came when he heard that "London streets are paved with gold".]]

Foundations

=Personal property=

=Contracts=

{{Main|English contract law}}

=Agency=

{{Main|Agency in English law|Agency (law)}}

{{Clist agency}}

In the case of Watteau v Fenwick,[1893] 1 QB 346 Lord Coleridge CJ on the Queen's Bench concurred with an opinion by Wills J that a third party could hold personally liable a principal who he did know about when he sold cigars to an agent that was acting outside of its authority. Wills J held that "the principal is liable for all the acts of the agent which are within the authority usually confided to an agent of that character, notwithstanding limitations, as between the principal and the agent, put upon that authority." This decision is heavily criticised and doubted,e.g. GHL Fridman, 'The Demise of Watteau v Fenwick: Sign-O-Lite Ltd v Metropolitan Life Insurance Co' (1991) 70 Canadian Bar Review 329 though not entirely overruled in the UK. It is sometimes referred to as "usual authority" (though not in the sense used by Lord Denning MR in Hely-Hutchinson, where it is synonymous with "implied actual authority"). It has been explained as a form of apparent authority, or "inherent agency power".

  • Hely-Hutchinson v Brayhead Ltd [1968] 1 QB 549
  • Creation and authority of agents
  • Disclosed and undisclosed agency
  • Agent duties and rights
  • Termination of agency

Sale of goods

=Sale of Goods Act 1979=

{{Main|Sale of Goods Act 1979}}

=Property passing and delivery=

=Terms, acceptance and rejection=

=Remedies and duties=

Bills of exchange and banking

{{See also|Bill of exchange|Bank regulation}}

Assignment and receivables

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International sales

{{Main|International commercial law}}

Commercial credit and security

=Possessory security=

=Non-possessory security=

=Guarantees=

{{See also|Surety}}

Insurance law

{{Main|Insurance in the United Kingdom}}

{{See also|Insurance law}}

Insolvency law

{{Main|UK insolvency law}}

See also

Notes

{{reflist|2}}

References

  • L Sealy and RJA Hooley, Commercial Law: Texts, Cases and Materials (4th edn OUP, Oxford 2008)
  • Roy Goode, Commercial law (3rd edn Penguin, London 2004)

{{UK law}}

{{DEFAULTSORT:United Kingdom Commercial Law}}

Category:United Kingdom business law

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