Volume and Value

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..... s the meaning of both intrinsic capacity to provide some utility, and also the value derived in the context of exchange in the market place. The word "value" and the phrase "total value" when used in the context of commerce would normally only reflect the monetized sum that is derived by multiplying the number of units of a physical product with the sale price. This distinction is clearly stated .....

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..... he like kind and quality are sold or are capable of being sold for delivery at the place of manufacture and at the time of their removal therefrom......" Also, according to Black's Law Dictionary, Value is said to be: " 1. The significance, desirability or utility of something. (as a noun). 2. The monetary worth or price of something; the amount of goods, services or money that something will .....

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