commercial tort claim

commercial tort claim
USA
Defined in UCC § 9-102 (a)(13) as a claim arising in tort with respect to which:
• The claimant is an organization; or
• The claimant is an individual and the claim:
o arose in the course of the claimant's business or profession; and
o does not include damages arising out of personal injury to or the death of an individual.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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