Book contents
- Making Commercial Law Through Practice, 1830–1970
- The Law in Context Series
- Making Commercial Law Through Practice, 1830–1970
- Copyright page
- Dedication
- Contents
- Figures
- Preface
- Note on Terms and Archives
- Table of Cases
- Table of Legislation
- 1 Commercial and Legal Contexts
- 2 The Commodity Markets of London and Liverpool
- 3 Agents, ‘Agents’ and Agency
- 4 Sale, Hire and the Distribution of Manufactured Goods
- 5 International Commodity Sales
- 6 Bank Finance for Trade and Industry
- Index
4 - Sale, Hire and the Distribution of Manufactured Goods
Published online by Cambridge University Press: 14 May 2021
- Making Commercial Law Through Practice, 1830–1970
- The Law in Context Series
- Making Commercial Law Through Practice, 1830–1970
- Copyright page
- Dedication
- Contents
- Figures
- Preface
- Note on Terms and Archives
- Table of Cases
- Table of Legislation
- 1 Commercial and Legal Contexts
- 2 The Commodity Markets of London and Liverpool
- 3 Agents, ‘Agents’ and Agency
- 4 Sale, Hire and the Distribution of Manufactured Goods
- 5 International Commodity Sales
- 6 Bank Finance for Trade and Industry
- Index
Summary
Sale was central to the trade in manufactured goods but hire and hire purchase were also used for the marketing of some goods such as railway wagons, motor vehicles and lorries. With sale the common-law rules, later codified in the Sale of Goods Act 1893, might be altered in the written contract if they failed to accord with commercial need. In practice the default rules and the terms of any written contract worked in the context of the relationship between the manufacturer and purchaser whether, for instance, it was long term and whether trust remained or had evaporated. These written contracts were vital if the contract contained detailed specifications as to how an item was to be made. What happened when things went wrong might be more informal, without resort to lawyers or law. Hire and hire purchase meant customers obtained manufactured goods on credit; on the other, suppliers had some protection through a form of quasi-security if customers defaulted in their payments, or the goods were wrongly disposed of. Manufactured goods could be distributed through commercial intermediaries who were allocated geographical areas to market them and bound to do that at specific prices and in specific ways.
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- Information
- Making Commercial Law Through Practice 1830–1970Law as Backcloth, pp. 200 - 293Publisher: Cambridge University PressPrint publication year: 2021