Sales
hideA sale is the pinnacle activity involved in selling products or services in return for money or other compensation. It is an act of completion of a commercial activity.
A sale is completed by the seller, the owner of the goods. It starts with consent (or agreement) to an acquisition or appropriation or request followed by the passing of title (property or ownership) in the item and the application and due settlement of a price, the obligation for which arises due to the seller's requirement to pass ownership, being a price the seller is happy to part with ownership of or any claim upon the item. The purchaser, though a party to the sale, does not execute the sale, only the seller does that. To be precise the sale completes prior to the payment and gives rise to the obligation of payment. If the seller completes the first two above stages (consent and passing ownership) of the sale prior to settlement of the price the sale is still valid and gives rise to an obligation to pay.
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News tagged with sales
Only tax increase can cure Illinois budget woes, study says
Nov 18, 2009 |
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Tax increases are the only solution to a widening budget crisis that a new study says has landed Illinois among the nation's most financially troubled states, a soon-to-be-released report by a team of University of Illinois ...
Toy recall of 2007 hurt innocent companies, shows research
20 hours ago |
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(PhysOrg.com) -- The well-publicized toy recalls of 2007 took potentially harmful toys off the shelves and affected the companies that made them.
Mobile phone sales rise in 3rd quarter: study
Nov 12, 2009 |
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Global sales of mobile phones reversed a slide that began late last year and turned positive in third quarter 2009, a trend expected to accelerate thanks to smartphones, a study disclosed Thursday.
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No widespread impact of wind power projects on surrounding residential property values in the US
14 hours ago |
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A major new Berkeley Lab report finds that proximity to wind energy facilities does not have a pervasive or widespread adverse effect on the property values of nearby homes.
Maryland Farmer grows plants for green roofs around nation
20 hours ago |
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It is a crisp fall day on Emory Knoll Farms as John Shepley stops at a raspberry bush, picks a few berries and pops them into his mouth on his walk to the greenhouses.
Taiwan to invest 65 million dollars in e-book industry
21 hours ago |
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Taiwan plans to invest more than 65 million US dollars in its competitive electronic-book sector over the next five years, the economic ministry's Industrial Development Bureau said.
AT&T to release cellphone with optional projector
Electronics / Consumer & Gadgets
Dec 01, 2009 |
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If cellphones with built-in video projectors are going to take the country by storm, then Dallas will be at the eye of the hurricane.
The real thing? People are often unsure about telling authentic luxury goods from fakes
Other Sciences / Social Sciences
Dec 01, 2009 |
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Luxury goods are supposed to be expensive because of their quality: A sip of fine wine or the comforting feel of designer clothing should justify the price.
Black Friday LCD-TV prices down 22 pct, sales up
Dec 01, 2009 |
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(AP) -- A research firm says decisive price cuts are helping sales of LCD flat panel TVs rise after Thanksgiving.
World Newspaper Congress opens in India
Dec 01, 2009 |
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(AP) -- Newspaper executives and editors gathered in India from around the world Tuesday heard calls to seek more payment for their content on the Internet as they decried their industry's sharply falling ...
Online retailers rev up deals to keep up momentum
Nov 30, 2009 |
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(AP) -- Retail Web sites kept amping up the deals Monday, the first day after the Thanksgiving holiday, to try to maintain the long weekend's strong online sales.
Holiday shopping off to mildly encouraging start
Nov 30, 2009 |
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(AP) -- After shoppers gave retailers a somewhat encouraging start to the holiday shopping season, stores now turn their attention to the online promotions known as Cyber Monday and bringing back customers ...
Sharp shows plant making 10th generation panels
Nov 30, 2009 |
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(AP) -- Huge sheets of glass are guided by robotic arms, sliding and turning in a towering germ-free plant, the world's first making giant "10th generation" panels for flat screen TVs.
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