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TAKE THE QUIZ“course of”
The following 4 entries include the term course of.
buyer in ordinary course of business
: a bona fide purchaser who in a normal or regular business procedure buys goods from a seller in the business of selling goods of that kind
course of dealing
: the conduct of parties to a business deal during past business deals that may be used as a basis for understanding each other's expressions and conduct during the current deal compare course of performance, usage of trade
course of performance
: the conduct of parties during a business deal requiring repeated performances that creates an understanding between the parties as to performance and that may be used to help interpret their agreement in instances of dispute compare course of dealing, practical construction, usage of trade
ordinary course of business
: the usual manner and range of a business especially considered in relation to the amount, circumstances, and validity of a particular transfer see also buyer in ordinary course of business