Simple English definitions for legal terms
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Term: Salable
Definition: Salable means that something is fit to be sold at the usual price in the usual way. It is also called merchantable. Salability is the quality of being able to be sold.
Salable
Salable means that a product or item is fit to be sold at the usual selling price in the normal course of trade. It is also known as merchantable.
These examples illustrate that a product must meet certain standards to be considered salable. The car must be safe and in good condition, the dress must be fashionable and made of high-quality fabric, and the phone must have all the latest features and be in good working condition. If a product does not meet these standards, it may not be salable.