Legal Definition and Related Resources of Scrivener’s Rule
Meaning of Scrivener’s Rule
The rule is that where an agent negotiates a loan for principal and is allowed to retain possession and control of security for the loan, he has apparent authority , after maturity , to receive payment of the loan on behalf of principal, such authority based upon the doctrine of estoppel . See Hoffman v Froma realty Co., 138 N. Y.S. 935, 153 App.Div. 770.
Related Entries of Scrivener’s Rule in the Encyclopedia of Law Project
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Scrivener’s Rule in Historical Law
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Legal Abbreviations and Acronyms
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