Sales

A sale is the exchange of a commodity or money as the price of a good or a service.Sales (plural only) is activity related to selling or the amount of sold goods or services in a given time period.

The seller or the provider of the goods or services completes a sale in response to an acquisition, appropriation,requisition or a direct interaction with the buyer at the point of sale. There is a passing of title (property or ownership) of the item, and the settlement of a price, in which agreement is reached on a price for which transfer of ownership of the item will occur. The seller, not the purchaser generally executes the sale and it may be completed prior to the obligation of payment. In the case of indirect interaction, a person who sells goods or service on behalf of the owner is known as salesman or saleswoman.

In common law countries, sales are governed generally by the common law and commercial codes. In the United States, the laws governing sales of goods are somewhat uniform to the extent that most jurisdictions have adopted Article 2 of the Uniform Commercial Code, albeit with some non-uniform variations.

Latest News for: Sales legal

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Future won’t legally challenge SIAC ruling on RIL deal

The Times of India 28 Oct 2020
Future Group has decided not to legally challenge the Singapore International Arbitration Centre’s (SIAC) interim ruling that has put the sale of its retail business to Reliance Industries on hold as it has taken the view that the SIAC-appointed emergency arbitrator’s verdict cannot be enforced in India, said a person familiar with the development....
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FAIFA wants tobacco crop area increased

Business Line 28 Oct 2020
Maharashtra bans sale of loose cigarettes, beedis. “This is primarily because of rising illicit cigarette trade in the country on account of higher and punitive taxation on cigarettes due to which legal cigarette volume sales have dropped significantly.”....
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Coronavirus in Scotland: New levels will not help us, warn pubs

The Times/The Sunday Times 28 Oct 2020
Last night Nicola Sturgeon reversed her decision to close venues with an on-sale alcohol licence in coronavirus hotspots amid legal challenges and widespread ......
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Indiana governor won't back mandatory COVID-19 vaccine

Beatrice Daily Sun 28 Oct 2020
Rainwater called for complete legalization without any state regulation of marijuana sales ... Holcomb said he didn’t believe there was enough medical research into the effects of marijuana use, even though states such as Illinois and Michigan have already legalized its recreational use and Ohio permits medical marijuana....
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CX Daily: Ant Group Picks 29 Strategic Investors for Shanghai IPO

Caixin Online 28 Oct 2020
... mechanism would encourage generic drug manufacturers to legally challenge the patents on name-brand medications — with a year of exclusive sales as the reward for success — while at the same time trying to give drugmakers enough space to defend their intellectual property....
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Listen to Your Family Members. No, Really Listen.

The Scranton Times-Tribune 28 Oct 2020
On a recent morning, my family was assembled in our customary positions at the kitchen table ... When I was done, he didn’t respond ... “Yes,” I said, relieved ... Data collected by Legal Templates, a company that provides legal documents, found that sales of its divorce agreement were 34% higher from March to June than in the same period in 2019 ... Nor does Tom....
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SGX Nifty down 35 points; here's what changed for market while you were sleeping

The Times of India 28 Oct 2020
Future won’t challenge SIAC ruling… Future Group has decided not to legally challenge the Singapore International Arbitration Centre’s interim ruling that has put the sale of its retail business to RIL on hold as it has taken the view that the SIAC-appointed emergency arbitrator’s verdict cannot be enforced in India....
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Election could stoke US marijuana market, sway Congress

The Oakland Press 27 Oct 2020
Voters in four states from different regions of the country could embrace broad legal marijuana sales on Election Day, and a sweep would highlight how public acceptance of cannabis is cutting across geography, demographics and the nation's deep political divide ... Legal sales would ......
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Sotheby's sale of Israeli museum artefacts delayed after government pressure

The Art Newspaper 27 Oct 2020
Israel’s minister of culture and sport, Hili Tropper, has been investigating the legality of the sale for the past few weeks ... “We must find the means available to the State of Israel in the legal and international spheres to prevent the sale of these cultural assets from the region as a whole.”....
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First National Realty Partners Hires General Counsel

The Trentonian 27 Oct 2020
Naqvi has joined the team as General Counsel and Head of Legal ... Naqvi will be overseeing all legal matters as it relates to sales, acquisitions, leasing and financing of FNRP's portfolio of office and retail properties ... on acquisitions and sales, leasing, and commercial lending....
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NJ marijuana legalization: Time for voters to decide on legal weed

The Chronicle-Express 27 Oct 2020
New Jersey voters will soon decide — if they haven't cast their votes already — whether to legalize marijuana for recreational purposes ... 1 on the general election ballot would amend the New Jersey State Constitution to legalize the possession and use of marijuana for adults 21 years or older....
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City Council sends proposed flavored tobacco ban back to committee

Missoulian 27 Oct 2020
The Missoula City Council opted to take more time to consider a proposed ban on the sale of flavored tobacco products after some, including a member of the tobacco industry, questioned the legality of the ban ... The ban, as it was proposed, would prohibit the sale of any flavored ......
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In Depth: In Generic Drug Reform, China Walks Tightrope Between Innovation and Affordability

Caixin Online 27 Oct 2020
... mechanism would encourage generic drug manufacturers to legally challenge the patents on name-brand medications — with a year of exclusive sales as the reward for success — while at the same time trying to give drugmakers enough space to defend their intellectual property....
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