Commerce

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Commerce

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.

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.

References in periodicals archive ?
It was "steady sober men with wives and occasionally children," clerks and commercial travellers who attended the Wolverhampton music hall in 1866.
In one respect at least, Edwardian commercial travellers had a less stressful lifestyle than their mid-Victorian predecessors.
In the 1850s the commercial traveller was apparently recognisable at railway stations for his 'sundry weather-beaten, brass-cornered, matter-of-fact-looking boxes, in which are deposited his samples, a portmanteau, hat case, portable desk, together with a pile of overcoats, rugs, and mufflers, sufficient for an expedition in search of the north-west passage'.
They arrested a 20-year-old commercial traveller who promptly shot himself in the leg.
The 626 has an absolutely huge amount of load space - ideal for a family or commercial traveller.
It also featured a unique contemporary hatchback design, with a rear opening door to facilitate its use as a commercial traveller's car.
The first had reference to the death in the Workhouse Infirmary of a commercial traveller's porter and the second had reference to the case of a brickmaker.
In the course of my job as a commercial traveller I drive about 52,000 miles per year.
# Born in February 1908, the son of a Suffolk teacher, John Mills moved to London at the age of 20 as a commercial traveller selling disinfectant door-to-door.
Hubert was the son of commercial traveller Harry Clayton and book keeper Ellen (formerly Hirst).

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