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Studies in Civics · Chapter 34Part V
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Commercial Law
Responsibility
Ignorance of the law is no excuse.
At first sight this would seem unjust, since no one but a lawyer can be expected to have much legal knowledge. But as law is simply common sense applied, the exercise of ordinary judgment is usually sufficient to enable a person to act safely.
To present a few of the more common principles of commercial law, is the purpose of the following pages.