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


Major Nottingham office sold in £7.6m deal

The Business Desk 03 Aug 2020
The headquarters building comprises 38,816 sq ft of office space and 82 parking spaces ... Victor Ktori, head of office at Savills Nottingham, said ... Despite the challenges created by Covid-19, we are delighted to have concluded this sale so swiftly and commend Victor Ktori of Savills and Adam Youatt of Gateley Legal for their efforts ... Previous Article. ....

Seeking a grand bargain, senators approach the finish line

Fremont Tribune 03 Aug 2020
The clock is ticking. Calendar pages are flipping. Suddenly, it's August ... Senators are down to a precious few ... Meatpacking workers win legislative hearing next week ... Casino gambling revenue, which is part of a gambling initiative that will be on the November ballot? Marijuana revenue? Colorado raises $24 million a month from its legal sale of marijuana....

The pandemic is eating away at the illicit marijuana market

Politico 02 Aug 2020
Legal sales have boomed since March, though it’s hard to say how many customers previously bought from illegal dealers ... The boom in sales is driven in large part by new legal markets, particularly the start of recreational sales in Illinois and Michigan....

What is the 51% rule and why are some businesses selling alcohol and some not?

Victoria Advocate 02 Aug 2020
If the business’s gross alcohol sales are 51% or higher, then patronizing the business in person is not allowed ... Because of the specifics from the state about which businesses can legally sell alcohol right now and who cannot, the amount of money made from alcohol sales is how to find out if you can visit your favorite spot....

This is how NSO decides whether to sell the Pegasus to a customer

The Jerusalem Post 02 Aug 2020
Another entity fueling the fire in the media is Facebook, which is in a legal battle with NSO around the claim that the company’s product, publicly known as Pegasus, was activated against 1,400 WhatsApp users. The legal case is being managed in the United States and is creating a lot of buzz in relevant media....

State says Montana rental assistance program largely unused

Great Falls Tribune 02 Aug 2020
From left, Mike Banderob, 38, Rose Banderob, 11, and Scott Banderob, 58, host a garage sale in order to raise money to pay for rent and other expenses on Friday in Bozeman ... "There is no legal way to force the landlord to cooperate and accept the money," said Amy Hall, a housing attorney with the Montana Legal Services Association....

White House poised to announce move on TikTok’s U.S. operations

Live Mint 02 Aug 2020
Previous versions of its privacy policy warned users it could exchange information with its Chinese businesses, law enforcement agencies and public authorities, if legally required to do so. The administration had been considering requiring the sale of TikTok’s U.S....

McLeod Russel on the verge of resolving its debt woes

The Telegraph India 02 Aug 2020
McLeod Russel, India’s largest bulk tea producer, is inching towards the resolution of its debt woes as two of its largest lenders seem to be coming on board for a comprehensive restructuring of the outstanding debt ... “On the books of the company, ICDs are assets ... The asset sale process is now stuck due to legal tangle. Advertisement. ....

Plush toys, jewelry, dance lessons — Broadway's side hustles

Longview News-Journal 02 Aug 2020
NEW YORK (AP) — Broadway seamstress Amy Micallef hasn't put her talent on hold while theaters are shut. She's been making plush toys — unusual plush toys ... “Here is here is your chance for sweet, sweet vengeance.” ... She gives away all proceeds from sales of her beaded and friendship bracelets to the NAACP Legal Defense Fund and Color of Change ... "No. 1....

Broadway workers scraping by

Arkansas Online 02 Aug 2020
NEW YORK -- Broadway seamstress Amy Micallef hasn't put her talent on hold while theaters are closed. She's been making plush toys -- unusual plush toys ... "Here is your chance for sweet, sweet vengeance." ... Some teach dance ... She gives away all proceeds from sales of her beaded and friendship bracelets to the NAACP Legal Defense Fund and Color of Change....

Punjab: Behind the tragedy, spurious chemical-laced liquor

Indian Express 02 Aug 2020
Country-made liquor or ‘ghar di sharaab’ remains a much glorified subject in the Punjabi society with several songs being woven around it ... The country made liquor is also manufactured in distilleries ... Denatured spirit used ... What went wrong ... Low price. Due to heavy excise duty on legal liquor, the sale of spurious liquor is flourishing ... ....

1031 exchanges: I’ve sold my commercial real estate. Now what?

Orange County Register 01 Aug 2020
Ideally, sale proceeds are rolled into another buy, which defers capital gains taxes ... You must complete the upleg purchase in 180 days or April 15, whichever is soonest, of the following year from the sale date ... Consult tax, legal and commercial real estate professionals ... May I take some of the sale proceeds?....

Sheffield Wednesday hit with points deduction, Charlton consider legal action

FourFourTwo 01 Aug 2020
Relegated Charlton are considering legal action following the news Sheffield Wednesday’s 12-point deduction for breaching financial rules will be imposed next season ... not have included profits from the sale of Hillsborough stadium in statements for the period ending July 2018....