Back to law

Art. 429

220COFederal ActJan 1, 1912Original source
  1. A commission agent who makes cash advances or extends credit to a third party without the consent of the principal does so at his own risk.
  2. However, where sale on credit is the customary commercial practice at the place of sale, the commission agent is entitled to sell on credit unless the principal has instructed otherwise.

0 commentaries

No commentaries are available for this article yet.