Construct · 1 fields · 1 citations

merchantable: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
merchantable1 CONSTRUCTMerchantability (law)MERCHANTABILITY · UCC

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Commercial law

Implied warranty that goods are fit to sell

In commercial law, the implied warranty of merchantability is the standard that goods sold by a merchant must meet to be legally fit: that they would pass without objection in the trade and are fit for the ordinary purposes for which such goods are used, as codified in UCC §2-314. Kim's 2019 The review of implied warranty in Uniform Commercial Code reviews the doctrine and its scope. The referent is a legal quality standard that attaches to a sale and grounds liability if breached, assessed against trade norms and ordinary use, not a forester's measured volume of usable wood.[1]

Unit
Whether goods meet the legal standard of ordinary fitness for sale
Recovery means
Not applicable
Measured by
Judged against trade acceptability and fitness for ordinary purpose; breach is established in litigation

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Nearby constructs

board1 fields · 1 citationsanchor · a standalone construct

References

  1. Kim, Y.-j. (2019). The review of implied warranty in Uniform Commercial Code. Korean Academy of International Commerce, 34(2), 37–64. https://doi.org/10.18104/kaic.2019.34.2.37

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