usage of trade
A practice so regular in a place, vocation or trade that parties expect it to be followed; it supplies meaning and even terms to their agreement.
In SpanishEn español
uso del comercio
Práctica regular del gremio que las partes esperan seguir (UCC § 1-303(c)). Es la fuente de menor rango en la jerarquía: término expreso, course of performance, course of dealing, usage of trade.
ExamplesEjemplos
- In the horse meat trade, “50% protein” covered 49.5% (Hurst). En el comercio de carne de caballo, “50% protein” incluía 49.5% (Hurst).
AuthorityFuente: UCC § 1-303(c); R.2d § 222
RelatedRelacionados: course of dealing, course of performance, plain meaning rule
Cases: Frigaliment Importing Co. v. B.N.S. International Sales Corp., Hurst v. W.J. Lake & Co.
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