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Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)

Art. 437

b. Pre­sump­tion of trad­ing for own ac­count

 

Where the com­mis­sion agent is per­mit­ted to act for his own ac­count and he no­ti­fies the prin­cip­al that the in­struc­tion has been ex­ecuted without nam­ing an­oth­er per­son as buy­er or seller, the pre­sump­tion is that he him­self has as­sumed the ob­lig­a­tions of the buy­er or seller.