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Seller - Law Dictionary Search Results

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Puffer

without reserve, a puffer is not to be employed; that if a right to bid be reserved, the seller or one puffer may bid; and that the practice of opening bidding, formerly sanctioned by courts of equity,

Profit and Loss

side. Net Profit is the gain made by selling goods at a price beyond what they cost the seller, and beyond all costs and charges.

Profit

Primarily means the arithmetical excess of the price received over the total of all costs incurried by the seller. It is again made in business, profession of vocation when both the receipts and payments are taken into

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Perishable goods

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

Pells, Clerk of the

Pells, Clerk of the, an officer in the Exchequer, who entered every seller's bill on the parchment-rolls, the roll of receipts, and the roll of disbursements. Abolished.

Pelliparius

Pelliparius, a leather seller or skinner, Jac. Law Dict.

Out-of-pocket rule

Out-of-pocket rule, means the principle that a defrauded buyer may recover from the seller as damages the difference between the amount paid for the property and the actual value received, Black's Law

Occasions export

Occasions export, where the sale was not directly and substantially connected with export, and where between the seller and ultimate buyers intermediaries were involved, such a sale would not occasion any export, Manganese Ore (India) Ltd.

Milk

are different articles of food and the same of one cannot be appropriated for the other by a seller without being tracked down by s. 2(ix)(c), Kisan Trimbak Kothula v. State of Maharashtra, AIR 1977 SC 435:

Sales tax

a tax imposed upon the retail sale of goods or the sale of services usually collected by the seller at the time of purchase it is typically calculated as a percentage of the price of the object

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