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Commerce- The exchange of goods, products, or any type of Personal Property.

Trade and
traffic carried on between different peoples or states and its inhabitants, including not only
the purchase, sale, and exchange of commodities but also the instrumentalities, agencies,
and means by which business is accomplished. The transportation of persons and goods,
by air, land, and sea. The exchange of merchandise on a large scale between different
places or communities.
Although the terms commerce and trade are often used interchangeably, commerce refers
to large-scale business activity, while tradedescribes commercial traffic within a state or a
community.

sale n. transfer of something (and title to it) in return for money (or other thing of value) on
terms agreed upon between buyer and seller. The price paid may be based on a posted
cost, established by negotiation between seller and buyer, or by auction with potential
buyers bidding until the highest bid is accepted by the seller or his agent (auctioneer).
SALE, contracts. An agreement by which one of the contracting parties, called the seller,
gives a thing and passes the title to it, in exchange for a certain price in current money, to
the other party, who is called the buyer or purchaser, who, on his part, agrees to pay such
price.
INTERNATIONAL. That which pertains to intercourse between nations. International law is
that which regulates the intercourse between, or the relative rights of nations.
LAW, INTERNATIONAL. The law of nature applied to the affairs of nations, commonly called
the law of nations, jus gentium; is also called by some modern authors international law.

law n. 1) any system of regulations to govern the conduct of the people of a community,
society or nation. Custom or conduct governed by the force of the local king were replaced
by laws almost as soon as man learned to write
LAW. In its most general and comprehensive sense, law signifies a rule of action; and this
term is applied indiscriminately to all kinds of action; whether animate or inanimate, rational
or irrational. 1 Bl. Com. 38. In its more confined sense, law denotes the rule, not of actions
in general, but of human action or conduct.
2. Law is generally divided into four principle classes, namely; Natural law, the law of
nations, public law, and private or civil law. When considered in relation to its origin, it is
statute law or common law. When examined as to its different systems it is divided into civil
law, common law, canon law. When applied to objects, it is civil, criminal, or penal. It is also
divided into natural law and positive law. Into written law, lex scripta; and unwritten law, lex
non scripta. Into law merchant, martial law, municipal law, and foreign law. When
considered as to their duration, laws are immutable and arbitrary or positive; when as their
effect, they are prospective and retrospective. These will be separately considered.

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