Dictionary
Thesaurus
Encyclopedia
Translator
Web

commercial unit

 - 1 dictionary result
Legal Dictionary

Main Entry: commercial unit
Function: noun
: an item or group of items defined under section 2-105 of the Uniform Commercial Code as being viewed in commerce as a single whole that would be diminished in value if divided
NOTE: Under U.C.C. section 2-606, when a part of a commercial unit is accepted by a buyer, the entire commercial unit is deemed to be accepted.
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
Cite This Source
Search another word or see commercial unit on Thesaurus | Reference
FacebookTwitterFollow us: