Share on Facebook Share on Twitter Email
Answers.com

Salable Merchantable

 
Law Dictionary: Salable Merchantable

An item fit for sale in usual course of trade, at usual selling prices. 178 P. 430. The item salable shall be of ordinary marketable quality, bring the average price, be lawful merchandise, be good and sufficient of its kind, and be free from any remarkable defects. 92 A. 180.

Search unanswered questions...
Enter a question here...
Search: All sources Community Q&A Reference topics
 
 

 

Copyrights:

Law Dictionary. Law Dictionary. Copyright © 2003 by Barron's Educational Series, Inc. All rights reserved.  Read more