Excerpt from Cyclopedia of Law, Vol. 4 It is not contemplated that the reader or student will find in the present book all that is contained in the well known text-books upon these sub J ects. Larger or more comprehensive books are not necessary to answer the purpose intended by the volumes of the Cyclopedia of Law. It is only the aim and purpose of the Series to furnish in convenient and inviting form the principles and elements of the American law. Under the head of Contracts it has not been attempted to discuss the various special contracts, which are now considered as distinct legal subjects. Sales, Bailment, Negotiable Instruments, Agency, etc., are treated in later numbers of the Series. The discussion has been limited to the method of making a complete and binding contract, with a consideration of the essentials of such a contract; determining the effect of such a contract when made; the method of interpreting or construing the terms of the contract; and, finally, when and how the contract is terminated. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.