Seller - Law Dictionary Search Results
Earnest
Earnest [fr. eornest, Sax.], the sum paid by the buyer of goods in order to bind the seller to the terms of the agreement. It is enacted by the 4th s. of the Sale of Goods
reserve
premiums have been paid 4 : reserve price with reserve : with a reserve price and with a seller reserving the right to reject all bids NOTE: A sale at auction is with reserve if there is
accept
2-606(1) of the Uniform Commercial Code, a buyer accepts goods if: 1) he or she indicates to the seller after a reasonable opportunity to inspect them that he or she will keep them; 2) he or she
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Coal
only by the (English) Weights and Measures Act, 1889 (52 & 53 Vict. c. 21), s. 20. The seller delivers a weight ticket for the whole quantity sold, Kyle v. Dunsdon, (1908) 2 KB 293. The weighing
disclosures
final sale, especially if it represents defects or problems. "Full disclosure" usually refers to the responsibility of the seller to voluntarily provide all known information about the property. Some disclosures may be required by law, such as
liability
his or her own negligence, default, or legal undertaking prod·ucts liability : liability imposed on a manufacturer or seller for a defective and unreasonably dangerous product ;specif : strict liability for a defective product that does not
reciprocal dealing
of antitrust laws in which a party with greater economic power agrees to buy a product from a seller if the seller buys something in return
buy down
buy down the seller pays an amount to the lender so the lender provides a lower rate and lower payments many times
Auctioneers
by public auction. An auctioneer is deemed the agent of both parties; he can bind virtue officii the seller and the purchaser of royalty by his memorandum of the sale under s. 40 of the (English) Law
short
: not having goods or property that one has sold in anticipation of a fall in prices [a seller who was at the time of the sale] b : consisting of or relating to a sale of
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