Usage Of Trade - Law Dictionary Search Results
usage of trade
Matched in: Term usage of trade
trade usage
Matched in: Term trade usage
usage
Matched in: Term usage
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Custom
has reference intended to import such usage or custom into his contract. Consult Aske's Custom and the Usages of Trade. See CUSTOM OF THE COUNTRY; USAGE. A custom, in order to be binding, must derive its force from
course of dealing
as a basis for understanding each other's expressions and conduct during the current deal compare course of performance, usage of trade
course of performance
may be used to help interpret their agreement in instances of dispute compare course of dealing, practical construction, usage of trade
good
number of years : durables fungible goods : goods of which any unit is by nature or by usage of trade the equivalent of any other unit esp. as defined by section 1-201 of the Uniform Commercial Code fu·ture
Caveat emptor
which case there is an implied warranty that the goods shall be of merchantable quality; or (3) by usage of trade. As to the implied condition of the right of a seller to sell the goods, see s. 12,
Freight
the absence of any formal stipulation on the subject it would be due according to the custom or usage of trade. In the absence of an express contact to the contrary, the entire freight is not earned until the
Lien
and particular liens may arise: (1) by an express contract; (2) by an implied contract, resulting from the usage of trade, or the manner of dealing between parties. General lines are not favoured in law, but some judicially recognized
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