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Difference between revisions of "Merchantable"

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(Created page with 'Category:Legal Term <div type="article"><p><i>Salable; of quality and type ordinarily acceptable among vendors and buyers.</i></p> <p>An item is deemed merchantable if it is ...')
 
 
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<div type="article"><p><i>Salable; of quality and type ordinarily acceptable among vendors and buyers.</i></p>
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''Salable; of quality and type ordinarily acceptable among vendors and buyers.''
<p>An item is deemed merchantable if it is reasonably fit for the ordinary purposes for which such products are manufactured and sold. For example, soap is merchantable if it cleans. In general, a seller or manufacturer is required by law to make products of merchantable quality. In the event that the items do not meet with the proper standards, a suit can be brought against the seller or manufacturer by anyone who is injured as a result.</p>
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An item is deemed merchantable if it is reasonably fit for the ordinary purposes for which such products are manufactured and sold. For example, soap is merchantable if it cleans. In general, a seller or manufacturer is required by law to make products of merchantable quality. In the event that the items do not meet with the proper standards, a suit can be brought against the seller or manufacturer by anyone who is injured as a result.
<h2><small>See Also</small></h2>
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<ul><li>[[Product Liability]]</li><li> [[Sales Law]]</li></ul>
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== <small>See Also</small> ==
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*[[Product Liability]]
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*[[Sales Law]]
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[[Category:Legal_Term]]
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[[Category:Business Law]]
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[[Category:Small Business]]

Latest revision as of 23:41, 5 February 2010

Salable; of quality and type ordinarily acceptable among vendors and buyers.

An item is deemed merchantable if it is reasonably fit for the ordinary purposes for which such products are manufactured and sold. For example, soap is merchantable if it cleans. In general, a seller or manufacturer is required by law to make products of merchantable quality. In the event that the items do not meet with the proper standards, a suit can be brought against the seller or manufacturer by anyone who is injured as a result.

See Also

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