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Friday, October 30, 2009

Mgt602

Seller is mainly considered the last person selling something to user, as "Bold" in this para of def:

mtlb C agr seller hai to C say purchase krnay wala sale nahi kr sakta but is case main C suply krta hai aur retailer sale kray ga consumer or user ko,

A 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 douche 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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