Raley v. Schram & Ware

Citations

• 107 Wash. 406
• 181 P. 867
• 1919 Wash. LEXIS 1019

Syllabus

<p>Guaranty (9)—Construction—Agency Contract—Scope and Extent op Liability. There was no sale by the agent, within the meaning of an agency contract for the sale of goods whereby the agent guaranteed credits extended, where the agency contract forbade credit exceeding $1,500, and required the agent to recoup the principal for all losses in excess of three-fourths of one per cent, and it appears that, upon the agent’s request for authority to make a.“close out sale” to a certain customer greatly exceeding the credit limitation, the principal held the matter up pending its own investigation of the credit and finally wired the agent to deliver the goods.</p>