Merchant
Merchants function as professionals who deal with trade, dealing in commodities that they do not produce themselves, in order to produce profit.
Merchants can be of two types:
 A wholesale merchant operates in the chain between producer and retail merchant. Some wholesale merchants only organize the movement of goods rather than move the goods themselves.
A retail merchant or retailer, sells commodities to consumers (including businesses). A shop owner is a retail merchant.
A merchant class characterizes many pre-modern societies. Its status can range from high (even achieving titles like that of merchant prince or nabob) to low, such as in Chinese culture, due to the soiling capabilities of profiting from "mere" trade, rather than from the labor of others reflected in agricultural produce, craftsmanship, and tribute.
In the US, "merchant" is defined (under the Uniform Commercial Code) as any person while engaged in a business or profession or a seller who deals regularly in the type of goods sold. Under the common law and the Uniform Commercial Code in the United States, merchants are held to a higher standard in the selling of products than those who are not engaged in the sale of goods as a profession. For example, when a merchant sells something, he or she is deemed to give an implied warranty of merchantability, guaranteeing that the product is fit to be sold, even if there is nothing in writing to this effect. The UCC also contains a "merchant's confirmation" exception to the Statute of Frauds.
References
The Merchant Class of Medieval London By Sylvia L. Thrupp 
See also
Sales
Commerce
distribution
Mercantilism
Capitalism
Merchant marine
Merchant account
|
|
|
|
This section is sponsored by:
merchant
Don't just search for merchant, find results.
www.ask.com
Looking for merchant ? We Found Top Websites For Your Search Term Here
Get better, different Relevant results fast ! Searching the best of merchant online.
www.metasearcheye.com
merchant
merchant Results As Easy As1-2-3
www.Query123.com
merchant info
Zoom merchant Info
www.ZoomWhat.com
merchant
Fast Relevant & Top merchant Sites
www.sunengine.com
Merchant
Find Merchant info here!
www.dealrain.com
Better Results For Merchant
Find merchant results and other info here!
www.dealshine.com
Laptops
Find a great deal on a Laptop Computer by browsing our Laptop Computer listings.
www.LaptopComputersInfo.com
|
