Minnesota Statutes 325D.10 – Definitions
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When used in sections 325D.09 to 325D.16:
Terms Used In Minnesota Statutes 325D.10
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Minnesota Statutes 645.44
(a) The term “person” includes any individual, firm, partnership, corporation or other organization, whether organized for profit or not.
(b) The term “employer” includes any person acting directly or indirectly in the interest of an employer in relation to an employee.
(c) “Sale” or “sell” includes any sale, offer, or advertisement thereof or contract for the same.
(d) “Sale of merchandise at retail” includes any sale except (1) a sale for the purpose of resale, or (2) a sale of a substantial quantity of merchandise for business use only.