: the right of a seller of goods to stop them on their way to the buyer and resume possession of them (as on discovery of the buyer’s insolvency) What do you mean by resale?
1 : the act of selling again usually to a new party. 2a : a secondhand sale. b : an additional sale to the same buyer.

What is right of resale?

The right that the seller in a contract of sale has to resell the goods if the buyer does not pay the price as agreed. What is right to stoppage?
The right of stoppage in transit means that an unpaid seller has the right to stop the goods while they are in transit, regain possession, and retain them till he receives the full price.

What is another word for resale?

Resale Synonyms – WordHippo Thesaurus. … What is another word for resale?

garage sale bazaar
moving sale clearance sale
swap meet street market
flea fair marche aux puces

What is resale value?

What is resale value? A home’s resale value is the amount it is expected to sell for at some point in the future. Many things, including any improvements made to the property and the overall age and condition of the home, can affect the resale value.

Frequently Asked Questions(FAQ)

What is retail and resale?

What is the difference between “to retail” and “to resell”? The verb “to retail” means to sell products to consumers through a retail business like a grocery store or other shop. The verb “to resell,” on the other hand, means to buy something from someone and then sell it to someone else.

Is keep in touch formal?

Senior Member. They’re all pretty common and informal (arguably, ‘contact’ is more formal than ‘touch’). If you want to make them even less formal, then lose the ‘I would like to’, and use ‘Let’s’; eg. ‘Let’s keep in touch’, etc.

Is it Intouch or in touch?

1 : in a state in which people communicate with each other especially by calling or writing to each other We kept/stayed in touch after college.

How do you use get in touch in a sentence?

I tried to get in touch with you yesterday evening, but I think you were out. 7. He attempted to get in touch with them but without success.

Is resale legal?

When can a seller resell the goods?

3. Right of Re-Sale. The unpaid seller can re-sell the goods if the goods are of a perishable nature. He can also make a resale of the goods if he has given notice to the buyer of his intention to re-sell and the buyer has not within a reasonable time paid the price.

Can I resell trademarked items?

Pursuant to the first sale doctrine, it is generally legal for an individual to resell a trademarked item after it has been sold by the trademark owner in an authorized sale, even if the resale is without the trademark owner’s consent.

What are the essential features of stoppage in Transitu?

Essentials: (1) The seller must be unpaid wholly or partly; (2) The buyer must have become insolvent; (3) The goods must be in transit, for example, the seller must have parted with the possession of the goods and the buyer must not have received the goods.

What do you understand by right of stoppage in transit?

(also stoppage in transitu) the legal right of a seller of goods to stop the sale at any time before the buyer receives them, especially in situations where it becomes clear that the buyer cannot pay for the goods: He may still be able to recover the goods by exercising his right of stoppage in transit.

Can the great India Company stop the goods in transit?

(i) The right of stoppage in transit can be exercised only so long as the goods are in the course of transit. In the given case, the transit came to an end as soon as the Agent of the Buyer obtained goods from the Railways.

Is it resell or resale?

“Resell” is a verb. “Resale” is a noun.

What is the antonym for resell?

What is the opposite of resell?

buy purchase
acquire attain
get obtain
procure collect
fetch gain

What’s it called when someone sells something for you?

The term is consignment.

What is resale condition?

Resale Condition means that either: (i) the Registration Condition is satisfied as of the date of the Company Optional Redemption Notice; or (ii) that the Conversion Shares are salable under Rule 144 of the Securities Act without any volume limitations. Sample 2. Sample 3.

How do you calculate resale value?

Resale price => Purchase price + Sales cost The sales cost is typically the commission paid to the agent representing the seller.

Do CARS24 give best prices?

What is your USP? CARS24 offers the best price for a used car with instant payment and free RC transfer once the owner sells the car. CARS24 buys cars directly from the owners in just one visit and is steadily revolutionising the way used cars are sold in India.

What is an example of a reseller?

Most resellers are retail organizations. These include grocery stores, department stores and specialty stores, such as home improvement or pet supply stores. There are many different types of retailers, from Wal-Mart to Macy’s to the boutique on Main Street.

What is a reseller company?

In information technology, a reseller is a company that typically purchases IT products or services from a product manufacturer, distributor or service provider and then markets them to customers.

What is difference between distributor and reseller?

A distributor often acts as partner with the manufacturer, is generally first in line in the distribution channel, and is more closely associated with the manufacturer. … Resellers usually do not keep inventory of product or provide after-sale services. Resellers generally only sell to end users or wholesalers.

How do you say you want to keep in touch?

You can say, “Thanks, I will!” If you want to stay in touch and you’re ready to make that effort. Better yet, let them know when your schedule is open and you can grab a coffee. But if you don’t intend on staying in touch, you can politely respond with just “Thanks!” How do you write a “keep in touch” letter?

How can I email an old friend?

Just keep a few things in mind:

  1. Shift your perspective. The last thing any of us want is to be seen as the person who reaches out to someone only when we need something from them. …
  2. Acknowledge the absence of contact. …
  3. Pay attention to tone. …
  4. Give them an out. …
  5. Offer to reciprocate. …
  6. Show appreciation. …
  7. Stay in contact.

How do recruiters stay in touch?

Five Ways to Stay in Touch with Your Recruiter

  1. Check in – by phone or email. If you’re currently in search of a new job, ask about open job opportunities that might fit your skill set. …
  2. Provide feedback. …
  3. Ask for job advice. …
  4. Stay open. …
  5. Be responsive.

Leave a Reply

Your email address will not be published. Required fields are marked *