There is tension in every business transaction, and in every contract between parties. Every contract comes with a Hohfeldian quartet of right, duty, privilege, and liability. A Receiving Attorney who obtains a claim from a Forwarder, acknowledges receipt and accepts, becomes the third or fourth (if the claim is bonded) contracting party.

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Categories: 2024, Author, Commercial Law World, Volume 38 Issue 2
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Author: Brian Press

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