The Old Roman World, : the Grandeur and Failure of Its Civilization. by John Lord
page 272 of 661 (41%)
page 272 of 661 (41%)
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same care for the joint concern as if it were his own. The acts of one
partner were not binding on another, if he acted beyond the scope of the partnership. If one of the partners advanced money on account of the partnership, each of the partners were bound to contribute to the indemnity in proportion to his share of the concern; and if any of them became insolvent, the solvent shareholders were obliged to make up the deficiency. [Footnote: D. 17, 2, 67.] An agent could be employed to transact business for another, but was required to act strictly according to his orders, and the mandant, who gave the orders, was bound to ratify what was done by the mandatary, and to reimburse him for all advances and expenses incurred in executing the commission. By the Roman law agents were not remunerated. Donations could not be made beyond a certain maximum. Justinian ordered that when gifts exceeded five hundred solidi, a formal act stating the particulars of the donation should be inscribed in a public register. When a person spontaneously assumed the management of the affairs of another in his absence, and without any mandate, this was called _negotiorum gestio_, and the person was bound to perform any act which he had begun, as if he held a proper mandate, and strictly account for his management, while the principal was bound to indemnify him for all advances and expenses. When money was paid through error it could be recovered, under certain circumstances. But this point is a matter concerning which the jurists differ. [Sidenote: Libels.] [Sidenote: Damages.] |
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