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agreement to sell

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 292 U.S. 415 - Lee v. Bickell · 1934Most cited · 140 citing opinions

It is a grant of authority by customer to broker, by principal to agent, revocable till executed, like agencies in general. There was no agreement to sell till the selling broker and the buying one came together on the floor of the stock exchange in New York, and made a contract there.