Stuff you should know: Difference between revisions

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{{a|devil|}}In a desperate attempt to stop [[salespeople]] going, hey [[legal eagles]], can you read this email for me, and to counterpoint lackadaisical [[credit officer]]s saying, “the question of whether we have credit risk to that bank account is a legal question which I can’t opine”<ref>Real-life quote, by the way, from a [[managing director]] in a global investment bank, to which the retort was, “pal, if you are really saying you don’t know that, you need to [[get your coat]]”</ref>
{{a|devil|}}In a desperate attempt to stop [[salespeople]] going, “hey [[legal eagles]], can you read this email for me”, and to counterpoint lackadaisical [[credit officer]]s saying, “the question of whether we have credit risk to that bank account is a legal question on which I can’t opine”<ref>Real-life quote, by the way, from a [[managing director]] in a global investment bank, to which the retort was, “pal, if you are really saying you don’t know that, you need to [[get your coat]]”</ref> we are running a snagging list of remedial
 
*How [[agency]] works and why you can’t be agent for yourself
*The nature of [[cash]] and [[indebtedness]]
*[[Offer]], [[acceptance]] and [[consideration]]
*How [[set-off]] works, and more particularly, when it doesn’t. Why you can’t [[set off]] debts owed by different counterparties.
*The difference between [[title transfer]] and [[pledge]].

Revision as of 10:01, 29 September 2020

In which the curmudgeonly old sod puts the world to rights.
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In a desperate attempt to stop salespeople going, “hey legal eagles, can you read this email for me”, and to counterpoint lackadaisical credit officers saying, “the question of whether we have credit risk to that bank account is a legal question on which I can’t opine”[1] we are running a snagging list of remedial

  1. Real-life quote, by the way, from a managing director in a global investment bank, to which the retort was, “pal, if you are really saying you don’t know that, you need to get your coat