Asked by elandra dabney on Apr 29, 2024
Verified
A usage of trade is a practice or method of dealing regularly observed and followed in a place, vocation, or trade.
Usage of Trade
Usage of trade refers to the regular practices and methods that are commonly accepted and expected by parties in a particular industry.
Vocation
A person's employment or main occupation, especially regarded as worthy and requiring dedication.
- Understand the importance of usage of trade and its impact on contract interpretation and enforcement.
Verified Answer
BN
Brian NavarreteApr 30, 2024
Final Answer :
True
Explanation :
This is the definition of usage of trade as recognized by the World Trade Organization and other trade-related organizations.
Learning Objectives
- Understand the importance of usage of trade and its impact on contract interpretation and enforcement.
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