Buyer in the Ordinary Course of Business

Learn about the definition for this legal term.

What is Buyer in the Ordinary Course of Business?

Used in connection with the sale by a merchant to a buyer as part of the merchant's regular course of business; any matter representing the normal and incidental daily customs and practices in business.

Related Security Transactions And Mortgages Terms

Pass the Bar, Guaranteed

BarPrepHero Premium offers the most complete collection of real bar exam questions licensed directly from NCBE (the organization that writes the exam).
July 2023 Bar Exam starts in:
Days
Hrs
Mins
Secs
Study better now