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The exchange of goods, products, or any type of Personal Property. Trade and traffic carried on between different peoples or states and its inhabitants, including not only the purchase, sale, and exchange of commodities but also the instrumentalities, agencies, and means by which business is accomplished. The transportation of persons and goods, by air, land, and sea. The exchange of merchandise on a large scale between different places or communities.

Although the terms commerce and trade are often used interchangeably, commerce refers to large-scale business activity, while trade describes commercial traffic within a state or a community.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

BILLS PAYABLE, COMMERCE. Engagements which a merchant has entered into in writing, and which he is to pay on their becoming due. Pard. n. 85.

COMMERCE, trade, contracts. The exchange of commodities for commodities; considered in a legal point of view, it consists in the various agreements which have for their object to facilitate the exchange of the products of the earth or industry of man, with an intent to realize a profit. Pard. Dr. Coin. n. 1. In a narrower sense, commerce signifies any reciprocal agreements between two persons, by which one delivers to the other a thing, which the latter accepts, and for which he pays a consideration; if the consideration be money, it is called a sale; if any other thing than money, it is called exchange or barter. Domat, Dr. Pub. liv. 1, tit. 7, s. 1, n. 2. Congress have power by the constitution to regulate commerce with foreign nations and among the several states, and with the Indian tribes. 1 Kent. 431; Story on Const. Sec. 1052, et seq. The sense in which the word commerce is used in the constitution seems not only to include traffic, but intercourse and navigation. Story, Sec. 1057; 9 Wheat. 190, 191, 215, 229; 1 Tuck. Bl. App. 249 to 252. Vide 17 John. R. 488; 4 John. Ch. R. 150; 6 John. Ch. R. 300; 1 Halst. R. 285; Id. 236; 3 Cowen R. 713; 12 Wheat. R. 419; 1 Brock. R. 423; 11 Pet. R. 102; 6 Cowen, R. 169; 3 Dana, R. 274; 6 Pet. R. 515; 13 S. & R. 205.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
In other words, the international commerce is extended there where conditions needed exist for manufacturing the technical progress.
But despite talk about the need for a new "architecture" for international commerce, the administration continues to stonewall even the most moderate measures to curb speculation in global currency markets.
International commerce thus shifts a country's resources away from less productive industries and toward more productive ones.
Thus, Arbel sums up, the Jews in the sixteenth century were again a trading nation, not merely in their roles as peddlers, small traders, or merchants accompanying their goods, but in their contribution to higher levels of international commerce. The success of the Jewish merchants in the East, as a result of Ottoman encouragement, enhanced their position elsewhere in the Mediterranean, especially in Italy.
Or taking in the Baroque architecture of Brussels as you contemplate an upcoming exam on the intricacies of international commerce. These are not fantasy spring breaks, but reality for individuals who have chosen to pursue degrees abroad.
`For a long time we in the West thought that corruption was essentially a feature of Asian, African and Latin American countries,' said Daniel Dommel, President of the French branch of Transparency International, an NGO set up in 1993 to fight corruption in international commerce.
The Texas Court of Appeals had previously held that the assessment of ad valorem property tax on shipping containers used in international commerce owned by a domestic corporation violated the Foreign Commerce Clause of the U.S.
Given the dramatic increase in international commerce since the publication of the 1981 Draft, TEI believes it is critical for the United States to safeguard multinational businesses more effectively against the threat of double taxation.
He presented the Sultanate's views on legal issues on the agenda of the meeting, such as the Sea Law, the International Commerce Law and the International Investment Law.
Three major agreements worth $18.8 million were signed following the results of the trade and economic mission of Kazakhstan's export products in Dushanbe, the Chamber of International Commerce of Kazakhstan said in a statement, international news agency (INA) "Kazinform" reported.
Tourism has become one of the major players in international commerce, and represents at the same time one of the main income sources for many developing countries.

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