Factors' Acts

Factors' Acts
An English statute and its counterpart in many American states, the object of which is to make a factor's possession of goods and merchandise such evidence of ownership as to enable him to do all acts which the true owner might, thus making the owner responsible for the factor's acts and protecting bona fide purchasers in any transaction fairly effected with the apparent owner. 22 Am J2d Fact § 53.

Ballentine's law dictionary. . 1998.

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