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

iPhone 5 not just a phone; it's a stimulus too

Apple's iPhone 5 is one of the biggest product launches ever in the sector, and may also deliver a well-timed stimulus to the US economy ahead of the presidential election, analysts say.

Australian court extends ban on Galaxy tab sales

(AP) -- Apple Inc. won a small victory on Friday in its global patent battle with rival Samsung, after Australia's highest court temporarily extended a ban on sales of Samsung's Galaxy tablet computers in the country.

Nissan's 'Leaf' to challenge Toyota's Prius (Update)

Nissan's upcoming all-electric car could outsell hybrids like Toyota's Prius even though it can't drive more than about 100 miles (160 kilometers) without stopping to recharge, a senior executive said.

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 ...

Google hopes readers will 'flip' over new format

(AP) -- Google Inc. is testing a new format that is supposed to make reading online stories as easy as flipping through a magazine, a shift that eventually could feed more advertising sales to revenue-starved publishers.

Facebook blocks unlicensed gun sales (Update)

Facebook has banned people using the social network for unlicensed gun sales after pressure from anti-gun violence groups alarmed over the ease with which firearms are sold online in the United States.

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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