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General consignment

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 39 U.S. 479 - William and James Brown and Company v. Thomas M'Gran · 1840Most cited · 61 citing opinions

where the consignment is made generally, without any specific orders as to the time or mode of sale, and the factor makes advances or incurs liabilities on the footing of such consignment, there the legal presumption is, that the factor is intended to be clothed with the ordinary rights of factors to sell in the exercise of a sound discretion, at such time and in such mode as the usage of trade and his general duty require.