Definition from Nolo’s Plain-English Law Dictionary
Of a high enough quality to be fit for sale. To be merchantable, an article for sale must be usable for the purpose it is made. It must be of average worth in the marketplace and must not be broken, unworkable, damaged, contaminated, or flawed.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:19 pm