MLchartDataset catalogue

Merchantable

Term · Law · MLC-T-LAW-003225

Describing goods that are fit for the ordinary purposes for which such goods are used. This implies that the goods are of acceptable quality and can pass without objection in the trade under the contract description. The Uniform Commercial Code (UCC) in the United States sets standards for merchantability in sales contracts.

Table 1. Record
IdentifierMLC-T-LAW-003225
FieldLaw
Record as JSON
{
  "id": "MLC-T-LAW-003225",
  "term": "Merchantable",
  "field": "Law",
  "definition": "Describing goods that are fit for the ordinary purposes for which such goods are used. This implies that the goods are of acceptable quality and can pass without objection in the trade under the contract description. The Uniform Commercial Code (UCC) in the United States sets standards for merchantability in sales contracts.",
  "url": "https://mlchart.com/terminology/law/merchantable/"
}

Record 3,191 of 5,439 in Law terminology (MLC-0107). Request the full dataset.