Plaintiff (P) was an iron merchant who purchased iron to sell on to third parties. Defendant (D) was the holder of warrants (titles) for quantities of iron. By telegram (dated Saturday 27 September) D offered to sell iron to P for “40s., nett cash, open till Monday” (the original offer) . On Monday morning P sent telegram to D asking whether D would “accept forty for delivery over two months, or if not, longest limit you would allow” (P’s telegraphic enquiry). D did not respond to the telegram and later that day sold all warrants to another party. D sent a telegram to P at 1.25pm on the Monday advising all warrants had been sold (D’s telegram of warrants sold). Prior to receiving that communication, P sent a telegram to D at 1.34pm advising acceptance of offer (P’s acceptance of offer). P subsequently sued D for non-delivery of iron warrants alleging breach of contract.
Read more about this topic: Stevenson, Jacques & Co V Mc Lean
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Facts usually refers to the usage as a plural noun of fact, an incontrovertible truth. Facts may also refer to:
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Famous quotes containing the word facts:
“The facts of a persons life will, like murder, come out.”
—Norman Sherry (b. 1925)
“Science is facts. Just as houses are made of stones, so is science made of facts. But a pile of stones is not a house and a collection of facts is not necessarily science.”
—Jules Henri Poincare (18541912)
“The men the American people admire most extravagantly are the most daring liars; the men they detest most violently are those who try to tell them the truth. A Galileo could no more be elected President of the United States than he could be elected Pope of Rome. Both posts are reserved for men favored by God with an extraordinary genius for swathing the bitter facts of life in bandages of soft illusion.”
—H.L. (Henry Lewis)