Sections
Subchapter 5 Consumer Solicitation Sales 4661 – 4671

Terms Used In Maine Revised Statutes > Title 32 > Chapter 69 - Vendors

  • Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
  • Bonds: means bonds of the bank issued under this chapter. See Maine Revised Statutes Title 30-A Sec. 5903
  • Consumer: means any person who purchases or contracts for the purchase of merchandise for any purpose, except resale in the ordinary course of trade or business. See Maine Revised Statutes Title 32 Sec. 4661
  • Contract: A legal written agreement that becomes binding when signed.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Merchandise: includes any objects, wares, goods, commodities, intangibles or services. See Maine Revised Statutes Title 32 Sec. 4661
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Permanent place of business: means the building or other permanently affixed structure, including a home residence, which is used in whole or in part for the purpose of engaging in sales of consumer merchandise. See Maine Revised Statutes Title 32 Sec. 4661
  • Person: includes any individual, firm, copartnership, association, society, club, corporation, estate, trust and any agent, employee, salesman, partner, officer, director, member, stockholder or trustee thereof. See Maine Revised Statutes Title 32 Sec. 4661
  • Real estate: includes lands and all tenements and hereditaments connected therewith, and all rights thereto and interests therein. See Maine Revised Statutes Title 1 Sec. 72
  • Revenues: means all fees, charges, money, profits, payments of principal of or interest on municipal securities and other investments, gifts, grants, contributions, appropriations and all other income derived or to be derived by the bank under this chapter. See Maine Revised Statutes Title 30-A Sec. 5903
  • Sale: includes any sale, transfer, exchange or barter, offer for sale or attempt to sell any merchandise for cash or on credit. See Maine Revised Statutes Title 32 Sec. 4661
  • Trustee: A person or institution holding and administering property in trust.