merchantable

merchantable
Of good quality and salable, but not necessarily the best. Anno: 21 ALR 368; 46 Am J1st Sales § 149. Being at least of medium quality, of such quality as to bring the average price for goods of a similar kind. 46 Am J1st Sales § 149. The term includes what the law requires. "The Uniform Sales Act carries an implied warranty of merchantable quality. Therefore the defendant's sale to the plaintiff warranted that the kerosene was of the statutory proof." Manning Manufacturing Co. v Hartol Products Corporation (CA2 Vt) 99 F2d 813. One meaning of the term, as applied to the sale of goods, is that the article sold shall be reasonably suitable for the ordinary uses it was manufactured to meet. Giant Mfg. Co. v Yates-American Machine Co. (CA8 Iowa) 111 F2d 360.

Ballentine's law dictionary. . 1998.

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  • merchantable — mer·chant·able / mər chən tə bəl/ adj: of commercially acceptable quality: characterized by fitness for normal use, good quality, and accord with any statements or promises made on the packaging or label merchantable goods see also implied… …   Law dictionary

  • merchantable — mer‧chant‧a‧ble [ˈmɜːtʆntəbl ǁ ˈmɜːr ] adjective LAW good enough to be sold: • The furniture is badly scratched, and thus not of merchantable quality. * * * merchantable UK US /ˈmɜːtʃəntəbl/ adjective ► LAW, COMMERCE in a suitable condition to… …   Financial and business terms

  • Merchantable — Mer chant*a*ble, a. Fit for market; such as is usually sold in market, or such as will bring the ordinary price; as, merchantable wheat; sometimes, a technical designation for a particular kind or class. [1913 Webster] …   The Collaborative International Dictionary of English

  • merchantable — ► ADJECTIVE ▪ saleable …   English terms dictionary

  • merchantable — [mʉr′chəntə bəl] adj. MARKETABLE …   English World dictionary

  • merchantable — /marchantabal/ Goods, to be merchantable, must be fit for the ordinary purposes for which such goods are to be used, Consolidated Supply Co. v. Babbitt, 96 Idaho 636, 534 P.2d 466, 468, and conform to any promises or affirmations of fact made on… …   Black's law dictionary

  • merchantable — /marchantabal/ Goods, to be merchantable, must be fit for the ordinary purposes for which such goods are to be used, Consolidated Supply Co. v. Babbitt, 96 Idaho 636, 534 P.2d 466, 468, and conform to any promises or affirmations of fact made on… …   Black's law dictionary

  • merchantable — merchantableness, n. /merr cheuhn teuh beuhl/, adj. Chiefly Law. marketable: merchantable war surplus goods. [1475 85; earlier marchandabull. See MERCHANT, ABLE] * * * …   Universalium

  • merchantable — adjective Fit for market; such as is usually sold in market, or such as will bring the ordinary price; as, merchantable wheat; sometimes, a technical designation for a particular kind or class. Ant: unmerchantable See Also: unmerchantable,… …   Wiktionary

  • merchantable — mer|chant|a|ble [ˈmə:tʃəntəbəl US ˈmə:r ] adj of merchantable quality law in a suitable condition to be sold …   Dictionary of contemporary English

  • merchantable — /ˈmɜtʃəntəbəl/ (say merchuhntuhbuhl) adjective marketable: merchantable war surplus goods …  

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