Business

EU lawmakers vote to end 'Wild West' online

The European Parliament on Thursday approved a proposal to impose unprecedented curbs on content online, including bans on the most intrusive methods of advertising, in a blow to Google and Facebook.

Business

From crypto to COVID: Why auction prices are rocketing

From Albert Einstein's notes to a record-breaking Frida Kahlo to a 6.6-million-euro triceratops—auction houses have lately seen a string of record-breaking items going under the hammer and through the roof.

Business

Nintendo's profit drops from last year's pandemic boom

Japanese video game maker Nintendo's profit dropped 19% in the first half of its fiscal year from the previous year, when it received a big lift as people stuck at home by the coronavirus pandemic turned to its products.

Business

Amazon stumbles on slower sales growth, higher labor costs

Amazon isn't just grappling with the easing of pandemic-induced shopping splurges. The online retail behemoth is also contending with surging costs as it navigates a snarled supply chain and labor shortages.

Automotive

Chip shortage puts a brake on auto industry

Initially downplayed by auto industry bosses, the global shortage of computer chips has worsened and severely hampered carmakers, according to their latest results.

Security

150 people arrested in US-Europe darknet drug probe

Law enforcement officials in the U.S. and Europe have arrested 150 people and seized more than $31 million in an international drug trafficking investigation stemming from sales on the darknet, the Justice Department said ...

Automotive

Volvo Cars announces IPO to raise nearly $2.9 billion

Swedish car brand Volvo announced plans Monday to go public and raise nearly $2.9 billion as it shifts to making electric vehicles, with Chinese owner Geely remaining its biggest shareholder.

Automotive

Tesla reports stronger-than-expected Q3 sales

Tesla says it delivered 241,300 electric vehicles in the third quarter even as it wrestled with a global shortage of computer chips that has hit the entire auto industry.

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Sales

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 obligation for which arises due to the seller's requirement to pass ownership, being a price the seller is happy to part with ownership 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.

This text uses material from Wikipedia, licensed under CC BY-SA