United Kingdom commercial law is the law which regulates the sale and purchase of goods and services, when doing business in the United Kingdom.
Lex MercatoriaHanseatic leagueGuildMercantilismFreedom of contractLaissez faireReal property and personal propertyOwnershipEquitable ownershipPossessionAttornmentBailmentCommercial contractsIn the case of Watteau v Fenwick, Lord Coleridge CJ on the Queen's Bench concurred with an opinion by Wills J that a third party could hold personally liable a principal who he did know about when he sold cigars to an agent that was acting outside of its authority. Wills J held that "the principal is liable for all the acts of the agent which are within the authority usually confided to an agent of that character, notwithstanding limitations, as between the principal and the agent, put upon that authority." This decision is heavily criticised and doubted, though not entirely overruled in the UK. It is sometimes referred to as "usual authority" (though not in the sense used by Lord Denning MR in Hely-Hutchinson, where it is synonymous with "implied actual authority"). It has been explained as a form of apparent authority, or "inherent agency power".
Hely-Hutchinson v Brayhead Ltd [1968] 1 QB 549Creation and authority of agentsDisclosed and undisclosed agencyAgent duties and rightsTermination of agencySale of Goods Act 1979, the primary statute applicable to the sale of goods.Property passing and delivery
Title retention clauseTerms, acceptance and rejection
Unfair Contract Terms Act 1977Consumer Protection (Distance Selling) Regulations 2000Remedies and duties
United Nations Convention on Contracts for the International Sale of GoodsUNCITRAL Model Law on International Commercial ArbitrationBills of exchange and banking
Negotiable instrumentBill of exchangeBank regulationPayment systemsChequesUnited Nations Convention on Contracts for the International Sale of GoodsFree alongside ship contractFree on board contractCost, insurance, freight contractPledgesLiensMortgageEquitable chargeEquitable lienLife Assurance Act 1774uberrimae fideiSubrogationMarine insurance and Marine Insurance Act 1906