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COMMETTANT
commettant (kom-<<schwa>>-t<<schwa>>nt), n.1. An employer. 2. The principal in an agency relationship. [Blacks Law 8th]
Read MoreCOMMERCIAL UNIT
commercial unit.A unit of goods that by commercial usage is a single whole for purposes of lease and whose division materially impairs its character or value in the relevant market or in use. UCC § 2-105(6). • Under the UCC, “a commercial unit may be a single article (as a machine) or a set of articles…
Read MoreCOMMERCIAL TREATY
commercial treaty.See TREATY(1). [Blacks Law 8th]
Read MoreCOMMERCIAL-TRAVELER RULE
commercial-traveler rule.Workers’ compensation. The principle that an accident will be treated as occurring during the course of employment if it was caused by an employee whose job requires travel, and the employee was not on a personal errand. • The commercial-traveler rule is an exception to the going-and-coming rule. [Cases: Workers’ Compensation 714–715. C.J.S. Workmen’s…
Read MoreCOMMERCIAL TORT CLAIM
commercial tort claim.A claim arising in tort when the claimant is either (1) an organization, or (2) an individual whose claim arose in the course of the claimant’s business or profession, and the claim does not include damages arising out of personal injury or death. UCC § 9-102(a)(13). [Blacks Law 8th]
Read MoreCOMMERCIAL SURETY
commercial surety.See compensated surety under SURETY. [Blacks Law 8th]
Read MoreCOMMERCIAL SPEECH
commercial speech.See SPEECH. [Blacks Law 8th]
Read MoreCOMMERCIAL SIGNATURE
commercial signature.Trademarks. A trademark (as commonly described). [Blacks Law 8th]
Read MoreCOMMERCIAL SET
commercial set. 1. The primary documents covering shipment of goods, usu. including an invoice, bill of lading, bill of exchange, and certificate of insurance. 2. The documents required under a letter of credit. [Blacks Law 8th]
Read MoreCOMMERCIAL PAPER
commercial paper.See PAPER. [Blacks Law 8th]
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