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LSDefine

Simple English definitions for legal terms

course of business

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A quick definition of course of business:

Course of business: The usual way of managing a business or trade. It is also called ordinary course of business, regular course of business, ordinary course, or regular course.

A more thorough explanation:

Definition: The course of business refers to the normal routine or standard practices involved in managing a trade or business. It is also known as the ordinary course of business, regular course of business, ordinary course, or regular course.

Examples:

  • Ordering inventory from suppliers
  • Processing customer orders and payments
  • Hiring and training employees
  • Marketing and advertising products or services
  • Managing finances and accounting

These examples illustrate the routine activities that are necessary for running a business. They are considered part of the course of business because they are standard practices that are regularly performed in the normal operation of a business. Any activities that deviate from the course of business may be considered unusual or irregular.

courier | course of trade

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