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Commercial Law

Legal Interpretations of Nemo Dat Quod Non Habet

  • Course Code: SPW30136
  • Country: United Kingdom
  • Pages: 7
  • Published On: 28-11-2023

In a contract for the sale of any goods typically takes place in between two parties; one offering to sell and the other accepting

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Confirming Bank's Responsibility in Honoring Letter of Credit Payments

  • Course Code: SPW30623
  • Country: United Kingdom
  • Pages: 05
  • Published On: 08-12-2023

The issue in this situation is whether the confirming bank is in breach of its obligation to honour the payment on the letter of credit. The relevant law is contained in the Sale of Goods Act 1979 and the Uniform Customs & Practice for Documentary Credits (UCP 600), both of which are applied to the facts of the case below to arrive at a conclusion as to the liability of the confirming bank.

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