Merchantable - Law Dictionary Search Results

Allotment notes

seamen's wages during absence by means of allotment notes, see Merchant Shipping Act, 1894, ss. 140-144; Merchant Shipping Act, 1906, s.

which are regulated in most instances by the custom of merchants, and the rules laid down by public offices. These allowances,

to let an entire ship, or part thereof, to a merchant, for the carriage of goods on a specified voyage, or

is sufficient to incorporate them, 10 Rep 30. A guild merchant was an incorporated society of the merchants of a town

is an implied warranty that the goods shall be of merchantable quality; or (3) by usage of trade. As to the

value of the property, so long as it has some merchantable value, is immaterial. This process does not prevent the third

with such expertise [a warranty that the goods shall be merchantable is implied in a contract for their sale if the

salable or sale·able [sā-lə-bəl] adj : merchantable

arising by operation of law that something sold shall be merchantable and fit for the purpose required. Source: FindLaw

under contract should be compelled to accept it called also merchantable title NOTE: Clear title and good title are commonly used