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Home » Law Dictionary » C » COMMERCIAL

COMMERCIAL

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Relating to or connected with trade and traffic or commerce in general. U. a v. Breed, 24 Fed. Cas. 1222; Earnshaw v. Cadwalader, 145 U. S. 258, 12 Sup. Ct 851, 36 L. Ed. 693; Zante Currants (O. C) 73 Fed. 189. Commercial agency. The same as a “mercantile” agency. In re United States Mercantile Reporting, etc., Co., 52 Hun, 611, 4 N. Y. Supp. 916. See MERCANTILE. Commercial agent. An officer in the consular service of the United States, of rank inferior to a consul. Also used as equivalent to “Commercial broker,” see tn/m. Commercial broker. One who negotiates the sale of merchandise without having the possession or control of it, being distinguished in the latter particular from a commission merchant Adkins v. Richmond, 98 Va. 91, 34 S. EX 967, 47 U It A. 583, 81 Am. St. Rep. 705; In re Wilson, 19 D. C. 349, 12 L. R. A. 624: Henderson v. Com., 78 Va. 489. Commercial corporation. One engaged in commerce in the broadest sense of that term; hence including a railroad company. Sweatt v. Railroad Co., 23 Fed. Cas. 530. Commercial domicile. See DOMICILE. Commercial insurance. See INSURANCE. Commercial law. A phrase used to designate the whole body of substantive jurisprudence applicable to the rights, intercourse, and relations of persons engaged in commerce, trade, or mercantile pursuits. It is not a very scientific or accurate term. As foreign commerce is carried on by means of shipping, the term has come to be used occasionally as synonymous with “maritime law;” but, in strictness, the phrase “commercial law” is wider, and includes many transactions or legal questions which have nothing to do with shipping or its incidents. Watson v. Tarpley, 18 How. 521, 15 L. Ed. 509; Williams v. Gold Hill Min. Co. (C. C.) 96 Fed. 464. Commercial mark. In French law. A trademark is specially or purely the mark of the manufacturer or producer of the article, while a “commercial” mark is that of the dealer or merchant who distributes the product to consumers or the trade. La Republique Francaise v. Schultz (C. C.) 57 Feu. 41. Commercial paper. The term “commercial paper” means bills of exchange, promissory notes, bank-checks, and other negotiable instruments for the payment of money, which, by their form and on their face, purport to be such instruments as are, by the law-merchant, recognized as falling under the designation of “commercial paper.” In re Hercules Mut L. Assur. Soc., 6 Ben. 35, 12 Fed. Cas. 12. Commercial paper means negotiable paper given in due course of business, whether the element of negotiability be given It by the law-merchant or by statute. A note given by a merchant for money loaned is within the meaning. In re Sykes, 5 Biss. 113, Fed. Cas. No. 13,706. Commercial traveler. Where an agent simply exhibits samples of goods kept for sale by his principal, and takes orders from purchasers for such goods, which goods are afterwards to be delivered by the principal to the purchasers, and payment for the goods is to be made by the purchasers to the principa.1 on such delivery, such agent is generally called a “drummer” or “commercial traveler. Kansas City v. Collins, 34 Kan. 434, 8 Pac 865; Olney v. Todd, 47 111. App. 440; Ex parte Taylor. 58 Miss. 481. 38 Am. Rep. 336; State Miller. 93 N. C 511, 53 Am. Rep. 469.

Related Posts:

  • CONSUL
  • COMMERCIAL LAW
  • MERCANTILE
  • VICE
  • EXPATRIATION
  • UNIFORM COMMERCIAL CODE

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