Trade Usage - Law Dictionary Search Results
course of performance
used to help interpret their agreement in instances of dispute compare course of dealing, practical construction, usage of trade
course of dealing
basis for understanding each other's expressions and conduct during the current deal compare course of performance, usage of trade
Broker
into small pieces], (1) an agent employed to make bargains and contracts between other persons in matters of trade, commerce and navigation, by explaining the intentions of both parties, and negotiating in such a manner as to … promissory notes, railway scrip, goods, stocks, ships, or cargoes; or in procuring freights or charter-parties. By custom or usage brokers may become personally liable on contracts made by them on behalf of principals where the principal's name
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Law
It is true that the Appropriation Acts cannot be said to give a direct legislative sanction to the trade activities themselves. But so long as the trade activities are carried on in pursuance of the policy which … of Orissa, AIR 1964 SC 1793 (1797). It includes any Ordinance, order bye-law, rule, regulation, notification, custom or usage having in the territory of India the force of law, Sant Ram v. Labh Singh, AIR 1965 SC
Warranty
in the main, merely declaratory of law which is applicable to many transactions other than sales: see REPRESENTATION; TRADE MARKS; LAND-LORD AND TENANT; PROVISO FOR RE-ENTRY; HOUSING; and, upon sales of certain goods, Anchor and Chain Cables … Lord Raymond, 1 Sm. L.C., and see NEGLIGENCE. As a general rule an express warranty, or a known usage, excludes any implication of warranty in regard to the same subject-matter. See expressium facit cessare tacitum, and e.g.,
Alien
to have been born within His Majesty's allegiance if born in a place where by treaty, capitulation, grant, usage, sufferance, or other lawful means, His Majesty exercises jurisdiction over British subjects. Any person whose British nationality is … to revoke certificates obtained by false representations or in the case of a person who has communicated or traded with an enemy or within specified limits been fined or imprisoned in the Empire, or who was not
Property
money, whether secured or unsecured, (iv) receivable, whether existing or future; (v) intangible assets, being know-how, patent, copyright, trade mark, licence, franchise or any other business or commercial right of similar nature. [The Securitization and Reconstruction of … can have, State of Manipur v. Nongthombam Ambu Singh, AIR 1957 Manipur 1. Property, in its most general usage, it denotes ownership of the things owned, UNESCO Report, p. 549. Property, includes 'shebaitship' which is recognised as
Person
not. [Rajasthan State Road Development Fund Act, 2004, s. 2(d)] Person, should have a legal personality. A rigid trade union satisfying this requirement is treated as a 'person', All India Bank Officers' Confederation v. Dhanalakshmi Bank, (1997) … 'Person', Person includes any company, Fidelity Industries Ltd. v. State, (2006) 129 Comp Cas 561. Person, in general usage, a human being (i.e. natural person), though by statute term may include a firm, labour organizations, partnerships, associations,
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