Part 5 — PART V.
Reading edition
COMMERCIAL LAW.
RESPONSIBILITY.
Ignorance of the law is no excuse.
At first sight this would seem unjust, since no one but a lawyer can be expected to have much legal knowledge. But as law is simply common sense applied, the exercise of ordinary judgment is usually sufficient to enable a person to act safely.
To present a few of the more common principles of commercial law, is the purpose of the following pages.