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Overview

perishable goods

Subject: Law

Goods that deteriorate over a short time (e.g. fruit and vegetables, which do not stay fresh for very long). In contract law, a contract for the supply of perishable goods ...

perishable goods

perishable goods   Reference library

Australian Law Dictionary (3 ed.)

Reference type:
Subject Reference
Current Version:
2018
Subject:
Law
Length:
158 words

...perishable goods Goods that deteriorate over a short time (e.g. fruit and vegetables, which do not stay fresh for very long). In contract law, a contract for the supply of perishable goods that does not specify a time for delivery is deemed by the courts to imply that time is of the essence: it would be implied that because the goods are perishable they would be delivered reasonably quickly before they perished and became not of merchantable quality. Where a contract does not specify the time for performance the courts deem that the obligation to perform is...

perishable goods

perishable goods  

Reference type:
Overview Page
Subject:
Law
Goods that deteriorate over a short time (e.g. fruit and vegetables, which do not stay fresh for very long). In contract law, a contract for the supply of perishable goods ...
Ecclesiasticus, or The Wisdom of Jesus Son of Sirach

Ecclesiasticus, or The Wisdom of Jesus Son of Sirach   Reference library

John J. Collins and John J. Collins

The Oxford Bible Commentary

Reference type:
Subject Reference
Current Version:
2022
Subject:
Religion
Length:
38,105 words
Publisher:
Oxford University Press

... 9:5 speaks of laying up treasure with the Lord by doing righteousness. 2 Bar 24:1 speaks of treasuries where the merits of the righteous are stored until the day of judgement. The notion that hoarded wealth rusts ( Sir 29:10 ) parallels the thought of Mt 6:20 on the perishability of wealth. Cf. also Jas 5:2–3 . Proverbs uniformly counsels against going surety for another ( Prov 6:1–5; 11:15; 17:18; 20:16; 22:26–7; 27:13 ). Sirach appreciates the helpfulness implied, but he also dwells on the pitfalls. He also includes a warning for the sinner, who...

transport costs

transport costs  

The costs of moving goods from place to place. These tend to be higher for goods which are bulky or heavy relative to their value, and for goods which are fragile and thus require careful handling, ...
ad colligenda bona

ad colligenda bona  

Reference type:
Overview Page
Subject:
Law
[Latin]To collect the goods. The court may grant letters of administrationad colligenda bona to any person to deal with specified property in an estate when that property might be endangered by ...
right of resale

right of resale  

The right that the seller in a contract of sale has to resell the goods if the buyer does not pay the price as agreed. If the goods are perishable or the seller tells the buyer that the goods will be ...
freight rate

freight rate  

This cost of transporting goods reflects a number of factors besides basic transport costs, such as the nature of the commodity. Non-breakable, non-perishable items, like coal, are carried most ...
shelf life

shelf life  

The length of time that something can stay on a store shelf. The length of time varies by product and is dictated by whether or not something will spoil or will no longer be of interest to the ...
fungibles

fungibles  

Reference type:
Overview Page
Subject:
Law
1 Interchangeable goods, securities, etc., that allow one to be replaced by another without loss of value. Bearer bonds and banknotes are examples.2 Perishable goods the quantity of which can be ...
Service Economy

Service Economy  

Economic activity has traditionally been divided into extractive, constructive, manufacturing, and service sectors. With the decline of heavy engineering and the rise of the knowledge-based economy, ...
five forces model

five forces model  

Developed by Michael Porter, this model provided a framework for an overall set of competitive rivalries within an industry structure. Marketers seeking to develop a competitive advantage can use ...
services markets

services markets  

A market structure providing services which do not involve industry or manufacture, for example catering, health, travel, retailing, entertainment, or education and the delivery of which includes a ...
fungibles

fungibles   Quick reference

A Dictionary of Finance and Banking (6 ed.)

Reference type:
Subject Reference
Current Version:
2018

... 1. Interchangeable goods, securities, etc., that allow one to be replaced by another without loss of value. 2. Perishable goods the quantity of which can be estimated by number or...

fungibles

fungibles   Quick reference

A Dictionary of Business and Management (6 ed.)

Reference type:
Subject Reference
Current Version:
2016
Subject:
Social sciences, Business and Management
Length:
39 words

...1. Interchangeable goods, securities, etc., that allow one to be replaced by another without loss of value. Bearer securities and banknotes are examples. 2. Perishable goods the quantity of which can be estimated by number or...

fungibles

fungibles   Quick reference

A Dictionary of Accounting (5 ed.)

Reference type:
Subject Reference
Current Version:
2016
Subject:
Social sciences, Business and Management
Length:
38 words

...1. Interchangeable goods, securities, etc., that allow one to be replaced by another without loss of value. Bearer bonds and banknotes are examples. 2. Perishable goods the quantity of which can be estimated by number or...

right of resale

right of resale   Quick reference

A Dictionary of Business and Management (6 ed.)

Reference type:
Subject Reference
Current Version:
2016
Subject:
Social sciences, Business and Management
Length:
71 words

...of resale The right that the seller in a contract of sale has to resell the goods if the buyer does not pay the price as agreed. If the goods are perishable or the seller tells the buyer that the goods will be resold and the buyer still does not pay within a reasonable time, the seller may resell them and recover from the first buyer damages for any...

transport costs

transport costs   Quick reference

A Dictionary of Economics (5 ed.)

Reference type:
Subject Reference
Current Version:
2017
Subject:
Social sciences, Economics
Length:
141 words

...transport costs The costs of moving goods from place to place. These tend to be higher for goods which are bulky or heavy relative to their value, and for goods which are fragile and thus require careful handling, or which are perishable and thus require rapid transport. Where transport costs are high, it is economic to produce near to the market, and inter-regional and international trade are relatively unimportant. Where transport costs are low, production tends to be footloose. Transport costs have fallen considerably during the last century, which has...

time

time (of the essence)   Reference library

Australian Law Dictionary (3 ed.)

Reference type:
Subject Reference
Current Version:
2018
Subject:
Law
Length:
112 words

...Where the contract does not establish a time for performance a ‘reasonable time’ will be implied; the length of time depends on the context (e.g. for perishable goods ). In contracts for sale of goods, stipulations as to time of payment are not deemed to be of the essence of the contract unless a different intention appears from the terms of the contract: Goods Act 1958 (Vic) s 15; Sale of Goods Act 1923 (NSW) s...

consumer non-durables

consumer non-durables   Quick reference

A Dictionary of Economics (5 ed.)

Reference type:
Subject Reference
Current Version:
2017
Subject:
Social sciences, Economics
Length:
68 words

...consumer non-durables Non-durable goods, such as food, drink, or tobacco, designed for use by final consumers. Some of these are in fact purchased by businesses, for example food for works canteens. Non-durables are not the same as perishable goods. Some non-durables such as wine actually have quite long shelf lives: they are non-durable in the sense that they can only be used once when they are finally...

cargo

cargo   Reference library

Australian Law Dictionary (3 ed.)

Reference type:
Subject Reference
Current Version:
2018
Subject:
Law
Length:
62 words

...cargo Goods carried by ship or aeroplane (aircraft, airship). Cargo is usually described as wet or dry . Dry cargo includes conventional or break-bulk cargo, containerised cargo, and roll-on, roll-off cargo. Wet cargo is matter that is itself liquid, or produces moisture or vapour, and requires packaging designed to prevent leakage or spillage. Animals and perishable goods or liquid-containing produce are wet...

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