Law Dictionary

commercial unit

noun

Legal Definition of commercial unit

  1. :  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

Additional Notes on commercial unit

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.


Seen and Heard

What made you want to look up commercial unit? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

capable of being understood in two ways

Get Word of the Day daily email!