!preface.This volume contains all questions set in the CommercialLaw' paper at the New York State semi-annualexaminations for certified public accountants, from December1896 (the date of the first examination held), toJune 1902, with full answers and explanations in plain,and, as far as possible, non-technical language. It willbe noticed that many answers given here are quite differentto those which would have been correct at the timethe earlier papers were set; this applies particularly tothe Corporation Law and the United States BankruptcyLaw of 1898; the numerous modifications of the formerin New York State, and the enactment of the latter havingeffected basic alterations of great import.It would really seem now as though the old legal motto,"Stare decisis et non quieta movere" (To stand by decisionsand not to disturb what has been settled) had beenallowed to a considerable extent to fall into desuetude,so numerous are the apparently conflictinAbout the Publisher Forgotten Books is a publisher of historical writings, such as: Philosophy, Classics, Science, Religion, History, Folklore and Mythology.Forgotten Books' Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the difficult to read text. Read books online for free at www.forgottenbooks.org