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Hyundai Motor swings back to black with Q1 profit

South Korea's largest automaker Hyundai Motor bounced back in the first three months from its first quarterly loss in eight years on strong domestic demand for its new sport utility vehicles, the company said Wednesday.

European car sales stay in reverse

European car sales fell 3.9 percent in March compared to the same month last year, marking the seventh-straight monthly drop, an industry body said Wednesday.

Study offers insights on wind development costs, taxes

A new analysis of state taxation policies regarding wind energy in the West shows New Mexico is the lowest-cost state for wind farm development, followed by Montana, Colorado and Wyoming.

European car sales begin 2019 in reverse

European car sales fell by 4.6 percent in January from the same month last year, an industry body said Friday, in another worrying sign of economic slowdown.

Diesel fallout and trade headwinds sap Daimler in 2018

German car giant and Mercedes-Benz parent Daimler reported Wednesday that costly investments, fallout from the industry's diesel scandal and trade headwinds compressed its bottom line in 2018.

Nokia Q4 profit up as operators switching to 5G networks

Nokia has reported increased fourth-quarter earnings on the back of grown orders from telecom operators of new-generation mobile networks that are expected to be rolled out commercially this year.

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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