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Commodity

The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

The Cyclopedic Law Dictionary

Due measure, just proportion (fr. commodus that has due measure, fr. corn-modus measure).

1.

The quality of being suitable, convenient, commodious. In this sense no longer used.

2.

That which affords convenience, benefit, advantage; a thing that is suitable, convenient, commodious. That which affords advantage or profit.

102 la. 608; 162 Mass. 113.

In this sense the word is most commonly applied to things movable, the subjects of trade, merchandise. The word includes all the movables which are the object of commerce. 29 How. Pr. 492. "The word 'commodity* * * * is ordinarily used in the commercial sense of any movable and tangible thing that is ordinarily produced or used as the subject of barter or sale." 86 Tex. 265. ience of carrying. on a particular business, and thus to include a franchise. "Commodity" (as in a constitution giving power to tax goods, wares, merchandise and commodities) is a general term, and includes the privilege and convenience of transacting a particular business.

123 Mass. 495; 162 Mass. 121.

COMMODUM EX INJURIA SUA NON habere debet

No man ought to derive any benefit of his own wrong.

Jenk. Cent. Cas. 161; Finch, Law, bk. 1, c. 3, note 62.