Fit for sale: vendible in market; of a quality such as will bring the ordinary market price. Of sufficiently reasonable quality and condition so as to be fit for sale in the marketplace. … [Read more...] about MERCHANTABLE
M
MERC ATI VE
Belonging to trade. … [Read more...] about MERC ATI VE
MERCHANTMAN
A ship or vessel employed in foreign or domestic commerce or in the merchant service. … [Read more...] about MERCHANTMAN
MERCANTANT
A foreign trader. … [Read more...] about MERCANTANT
MERCHANTS ACCOUNTS
(Merchants' Accounts) In the statute of limitations, 21 Jac. 1. c. 16, there is an exception which has been copied in the acts of the legislatures of a number of the States, that its provisions shall not apply to such accounts as concern trade and merchandise between merchant and merchant, their factors or servants. 2. This exception, it has been holden, applies to actions of … [Read more...] about MERCHANTS ACCOUNTS