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Online tool shows COVID-19 impact on sales tax

Three Georgia regions experienced double-digit declines in sales tax distributions in the June quarter during the coronavirus pandemic, according to an online interactive data tool created by Georgia State University's Fiscal ...

Will movie theaters survive COVID-19?

The season of blockbusters is upon us, but theaters have been empty for months—and it's unclear what they'll show, or who will come, when they reopen. Derek Long focuses on the history of the film industry, in particular ...

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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