...year, or by a fine not exceeding one thousand dollars, or by both. Part 5. Interpretation . SEC. 56. In any case not provided for in this act, the rules...the effect of fraud, misrepresentation, duress or coersion, mistake, bankruptcy, or other invalidating cause, shall govern. Purpose of Law. SEC. 57....

...the law merchant, save in so far as they are inconsistent with the express provisions of this Act, and in particular the rules relating to the law of principal and agent and the effect of fraud, misrepresentation, duress, or coercion, mistake, or other invalidating cause,...

...construed as to effect its general purpose to make uniform the law of those states which enact it." And— "In any case not provided for in this act the rules of law and equity, including the law merchant, shall govern." Although, as has been stated, the first of these sections is not specifically included...

...this act provided, be enforced by action. SEC. 60. — [Rule jor Coxes' Not Provided for by this Act.] In any case not provided for in this act, the rules...mistake, bankruptcy, or other invalidating cause, shall continue to apply to contracts to sell and to sales of goods. SEC. 61. — [Interpretation Shall Give...

...to Section 50. PART V. INTERPRETATION. Section 56. — [ When Rules of Common Law still Applicable.] In any case not provided for in this act, the rules...relating to the law of principal and agent and to the «fiect of fraud, misrepresentation, duress or coercion, mistake, bankruptcy or other invalidating...

...by imprisonment not exceeding five years, or by a fine not exceeding $5,000, or both. SEC. 42. That in any case not provided for in this Act the rules of law and equity, including'the law merchant, shall govern. SEC. 43. First. That in this Act, unless the context or subject...

...instruments, and the facts of the particular case." Section 196 of the same act (section 6008) reads : "In any case not provided for in this act, the rules of the law merchant shall govern." The Supreme Judicial Court of Massachusetts has held, in determining...

...accepted or certified, the drawer and all iudorsers are discharged from liability thereon." LOL § 6025: "In any case not provided for in this act the rules of the law merchant shall govern." [4] When the defendant bank, which was a holder in due course, presented...

...hint at such assumption. 40 A more logical view, however, Section 196 of the Act itself suggests: " In any case not provided for in this act the rules of the law merchant shall govern." 41 On its face this provision is compatible neither with the theory...

...instruments made and delivered prior to the passage hereof. §196. RULE OF LAW MERCHANT; WHEN GOVERNS. — In any case not provided for in this act the rules of the law merchant shall govern. §197. LAWS REPEALED.— Of the laws enumerated in the schedules! hereto...