Resell

resale price maintenance

resale price maintenance : a form of illegal price-fixing in which a manufacturer compels different retailers to resell a product at the same price and thereby prevents competition ...

Resale, a second sale.Resale, means a sale of purchased goods(i) in the same form in which they were purchased; or(ii) without using them in the manufacture of any goods or without doing anything to them which amounts to or results in, a manufacture. [The Gujarat Value Added Tax Act, 2003, s. 2(21)]Means a sale of purchased goods(i) in the same form in which they were purchased; or(ii) without doing anything to them which amounts to, or results in, a manufacture, and the word 'resell' shall be construed accordingly. [The Maharashtra Value Added Tax Act, 2002, s. 2(22)]Means a sale that has finalised and has resulted in passing the judgment-debtor's property to the purchaser. If a sale, on objections having been raised or because of the necessary deposit having been made by the judgment-debtor, is set aside, it should be regarded as having never taken place, Shri Ram Jogutram v. Dev Barat L. Biharilal, AIR 1956 Pepsu 102....

scalp

scalp : to buy and sell so as to make small quick profits [ stocks] ;esp : to resell at greatly increased prices vi : to profit by slight market fluctuations scalp·er n ...

Underwrite

Underwrite, means to agree to purchase (all or part of a security issue) usually on a fixed date at a fixed price with the purpose or plan to resell by means of a public offering, UFITEC, S.A. v. Carter, 135 Cal Rptr. 607 (1977).The expression 'underwrite' signifies 'accept liability under'. Although normally the expression 'underwrite' is used in marine insurance but the expression used in Chapter III of the Financial Powers of the Standing Order in this case specifically used the expression 'underwriting and revivals' of policies in case of Life Insurance Corporation and stated that it was the Divisional Manager who was competent to underwrite policy for Rs 50,000 and above, Life Insurance Corporation of India v. Raja Vasireddy Komalavalli Kamba, AIR 1984 SC 1014 (1018): (1984) 2 SCC 719: (1984) 3 SCR 350. (Contract Act, 1872, ss. 7 & 8)...

Retailer

Retailer, in relation to the sale of any goods, includes every person, other than a wholesaler, who sells the goods to any other person; and in respect of the sale of goods by a wholesaler, to any person for any purpose other than re-sale, includes that wholesaler. [Monopolies and Restrictive Trade Practices Act, 1969 (54 of 1969), s. 2 (p)]A person or entity engaged in the business of selling personal property to public or to consumers, as opposed to selling to those who intend to resell the claims, Black's Law Dictionary, 7th Edn., p. 1317...

Wholesaler

Wholesaler, in relation to the sale of any goods, means a person who sells the goods, either in bulk or in large quantities, to any person for the purposes of re-sale, whether in bulk or in the same or smaller quantities. [Monopolies and Restrictive Trade Practices Act, 1969 (54 of 1969), s. 2 (x)]One who buys large quantities of goods and resell them in smaller quantities to retailers or other merchants who in turn sell to ultimate consumer, Black's Law Dictionary, 7th Edn., p. 1591....

Perishable goods

Perishable goods, goods which decay and lose their value if not consumed soon-as fish, fruit, and the like. By s. 48 (3) of the Sale of Goods Act, 1893, if on the sale of goods 'of a perishable nature' the buyer does not within a reasonable time pay or tender the price, the unpaid seller may resell and recover damages from the buyer; and by Ord. L., Rule 2, such goods, when the subject of an action, may, by order of the court or a judge be sold....

To sell again to sell what has been bought or sold to retail...

end user

a person who uses an item of commerce for its designed purpose contrasted with those who produce or resell the item or incorporate the item into another product...

underwrite

underwrite -wrote [-rōt, -rōt] -writ·ten [-rit-n, -rit-n] -writ·ing 1 a : to assume liability for (a risk) as an insurer [the insurer s individuals, not the group, in franchise health insurance] b : to issue or set the terms of (an insurance policy) 2 : to agree to purchase (all or part of a security issue) usually on a fixed date at a fixed price with the purpose or plan to resell by means of a public offering [was a security brokerage firm which as part of its business underwrote speculative new issues "UFITEC, S.A. v. Carter, 135 Cal. Rptr. 607 (1977)"] 3 a : to put up funds for or guarantee financial support of b : to assess the risk of (as a loan) ...

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