Timber Contracts I

Abstract

All transactions involving the purchase and sale of timber are governed by the law of the land. While the great majority of these transactions progress without difficulty, there are inevitably times when differences arise between buyers and sellers. These are settled according to the law, which provides for the protection of the interests of both buyers and sellers. It is necessary, therefore, for any party in commerce to have an understanding of the simple elements of the law affecting the transactions they make, in order that they may benefit fully from the particular protection they receive under the law, and at the same time be fully aware of pitfalls and circumstances where they are not protected.