Commercial Unit - Law Dictionary Search Results
identify
phrase identify to the contract [the disputed beans were goods identified to the contract] NOTE: Under the Uniform Commercial Code, once goods are identified to a contract, the buyer has a special property interest and an insurable … identify -fied -fy·ing 1 : to consider as united or associated (as in interests or principles) [can ask leading questions of a witness who is identified with
free
on title) [a buyer in ordinary course of business…takes of a security interest created by his seller "Uniform Commercial Code"] 4 : not bound, confined, or detained by force [ on bail] 5 a : having no … enjoying civil and political liberty [a people] c : enjoying political independence or freedom from outside domination [these united colonies are, and of right ought to be and independent States "Declaration of Independence"] d : not subject
free
on title) [a buyer in ordinary course of business…takes of a security interest created by his seller "Uniform Commercial Code"] 4 : not bound, confined, or detained by force [ on bail] 5 a : having no … enjoying civil and political liberty [a people] c : enjoying political independence or freedom from outside domination [these united colonies are, and of right ought to be and independent States "Declaration of Independence"] d : not subject
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Export
in another sense, it may mean sending goods from one country to another. Often, the latter involves a commercial transaction but not necessarily. The contract to which the goods are thus sent is said to import them … whether physical or otherwise; or (ii) supplying goods, or providing services, from the Domestic Tariff Area to a Unit or Developer; or (iii) supplying goods, or providing services, from one unit to another unit or Developer, in
Undertaking
40 Comp Cas 325: (1970) 1 Comp LJ 244. Undertaking, must mean a separate and distinct business or commercial or trading or industrial activity. If cannot comprehend an infinitely small part of the manufacturing process, Avon Services … future, and is a mortgageable interest being commonly charged by the debentures of the company. 'Undertaking' means a unit, such as a factory or a granary, Industrial Disputes Tribunal (in re:), (1956) 3 All ER 111. Undertaking,
Salary or wages
the course of business shall be deemed to be a sale for the purpose of this Act', Joint Commercial Tax Officer v. Young Men's Indian Association (Regd.), AIR 1970 SC 1212 (1214): (1970) 1 SCC 462: (1970) … or promise of payment of a price; and (4) the passing of the title, State of Bombay v. United Motors (India) Ltd., AIR 1953 SC 252: (1953) SCR 1059: (1953) SCJ 373: (1953) SCA 408: 55 BLJR
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