§ 59.1-9.3

Definitions

When used in this chapter:

(a. The term “person” includes, unless the context otherwise requires, any natural person, any trust or association of persons, formal or otherwise, or any corporation, partnership, company, or other legal or commercial entity.

(b. The terms “trade or commerce,” “trade,” and “commerce,” include all economic activity involving or relating to any commodity, service or business activity.

(c. The term “commodity” includes any kind of real or personal property.

(d. The term “service” includes any activity that is performed in whole or in part for the purpose of financial gain, including but not limited to personal service, rental, leasing or licensing for use.

History

1974, c. 545.

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