resale

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resale

n. selling again, particularly at retail. In many states a "resale license" or "resale number" is required so that the state can monitor the collection of sales tax on retail sales.

resale

the legitimate selling of goods despite the fact that they have already been sold to another. Where an unpaid seller who has exercised his right of LIEN or RETENTION or STOPPAGE IN TRANSIT resells the goods, the buyer acquires a good title to them as against the original buyer. The legislation provides for two instances of resale. First, where the goods are of a perishable nature or where the unpaid seller gives notice to the buyer of his intention to resell and the buyer does not within a reasonable time pay or tender the price, the unpaid seller may resell the goods and recover from the original buyer damages for any loss occasioned by his breach of contract.

Secondly, where the seller expressly reserves the right of resale in case the buyer should make DEFAULT, and on the buyer making default resells the goods, the original contract of sale is rescinded but without prejudice to any claim the seller may have for damages.

RESALE. A second sale made of an article; as, for example, if A sell a horse to B, and the latter not having paid, for him, refuse to take him away, when by his contract he was bound to do so, and then A sells the horse to C.
     2. The effect of a resale, is not always to annul the first sale, because, as in this case, B would be liable to A for the difference of the price between the sale and resale. 4 Bing. 722; Blackb. on Sales, 336; 4 M. & G. 898.

References in periodicals archive ?
Convenience and on-the-go are still key drivers when it comes to purchasing, which is why there has been such an increase in sports cap bottles and resalable cans," says Deborah Carter, senior consultant at Dragon Rouge.
Customers choose PET because it is inexpensive, lightweight, resalable, shatter-resistant and recyclable.
Those days are mostly gone, days when Hedda Hopper and Louella Parsons, the 1-2 punch of gossip writers, would receive Christmas gifts by the truckload, as studios sent massive amounts of clothes, whiskey, furniture and almost any other collectible or resalable item.
If the business is using the money to secure a building or equipment that is resalable, the loan may not need as much capital injection," Velotta explains.
But we'd like to see it 90% for a year for resalable merchandise.
In addition, manufacturers are rolling out innovative packaging options such as embossed, high definition prints and tactile prints in cans, slim cans, lightweight and resalable plastic bottles, functional blow moulded plastic containers etc.
Our program documents the chain of custody from the time the containers arrive on site until 100% of the synthetic turf is recycled into resalable post consumer products so you have assurance the right thing is being done.
South Lanarkshire Leisure and Culture (SLLC) is seeking a contractor to supply a range of sports and sundry resalable items, both branded and non-branded, to its Leisure Centres and other locations.
He was chased by store staff but the bottle wasn't resalable as it was damaged.
The resalable bag allows portion control and prevents the waste that often results from cooking large batches of pasta.
At Microsoft, we recognise that private-labeling our hosted solutions creates a unique opportunity for our service provider partners to deliver branded, resalable, targeted hosted services to resellers, allowing resellers to address specific business needs for their customers," said John Zanni, general manager of Worldwide Hosting at Microsoft.
While many recyclers engage in some degree of testing and manual disassembly to recover resalable components, eventually, many end-of-life electronics will be sent along an infeed conveyor to meet the hungry jaws of ashredder.