Related topics: iphone · ipad · smartphone · samsung electronics · apple

Electric cars: Current trends make for a shocking change

While vehicle manufacturers invest in research, authorities are working to improve charging infrastructure to support consumers' growing interest in the sector. The day when electric cars dominate the passenger transport ...

Two Japanese carriers postpone release of Huawei phones

Two of Japan's top mobile phone carriers said Wednesday they will delay releasing new handsets made by Huawei after a US ban on American companies selling technology to the Chinese tech giant.

Nokia sees tough competition in market for 5G networks

Telecoms gear maker Nokia reported Thursday a surprise first-quarter loss amid tougher competition for the new, superfast wireless 5G networks that are expected to increase in business this year.

GM reports lower sales in China, North America

US automaker General Motors saw profits more than double in the first quarter, but said Tuesday that lower sales in China and North America ate into total revenues.

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