What is Commercial value? Definition and meaning (2024)

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The actual price at which a product is sold either to unrelated parties or to related parties at arm´s length. This is the opposite of no commercial value, a statement that should be shown on invoices covering shipments of samples that are being furnished without charge and are not intended for resale. See no commercial value.

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What is Commercial value? Definition and meaning (1)

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What is Commercial value? Definition and meaning (2024)
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