seller


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seller

n. one who sells goods or other property to a buyer (purchaser). (See: sell, sale)

See: creditor, dealer, merchant, supplier, vendor

SELLER, contracts. One who disposes of a thing in consideration of money; a vendor.
     2. This term is more usually applied in the sale of chattels, that of vendor in the sale of estates.
     3. The duties of the seller are, 1. To deal with fairness. 2. To deliver the thing sold at the time and place appointed, and to take care of it until delivery; but when everything the seller has to do with the goods is complete, the property and the risk of accident to the goods, rests in the buyer, even before delivery, or payment. Noy's Max. ch. 24; 7 East, 571; 2 Bl. Com. 448. 3. To warrant the title of personal property when he sells it as his own, when it is in his possession. 2 Kent, Com. 374; 1 Lord Raym. 593; 1 Salk. 210.
     4. The rights of the seller are, 1. To be paid the price agreed upon. 2. To be indemnified for any expenses he may have incurred to preserve the thing sold for the buyer, after the title to it has passed to the latter. 3. To stop the thing in transitu when the buyer has failed and the price has not been paid. See Stoppage, in transitu. Vide Purchaser, and the authorities there cited; Bouv. Inst. Index, h.t.

References in periodicals archive ?
* Seller, Secretary of Housing and Urban Development; buyer, Stephanie Duns; Deed; Coleman's 3rd Add West Frankfort Lot 1 Blk 1.
Daraz is the leading online marketplace in South Asia, empowering tens of thousands of sellers to connect with millions of customers.
eBay launched two significant new tools that will enable sellers to better manage and grow their business, and announced a series of robust seller protections.
E - Terms: where the seller makes the goods available to the buyer at the seller's own premises.
Daraz hosted its annual Seller Summits in Karachi and Lahore, making several announcements of transformational importance.
Summary: New Delhi [India], July 04 (Businesswire-India): Snapdeal today launched industry's first Instant Seller Sign-up feature to offer a seamless on boarding process for sellers on its platform.
The historic concept of caveat emptor (let the buyer beware) permitted a seller to shift the obligation to the buyer in a real estate transaction.
ONE way to bag a bargain when buying goods is to buy from a private seller, who is either selling something second hand or a new product cheaper than you would get it from a retailer.
So, if a private seller sells a television and they describe it as 40-inch flat screen television you could ask how old it is, what colour it is, whether it has any defects or scratches and if it is in perfect working order.
Here are the key things that you need to know: Here are the key things that you need to know: RIGHTS YOU DO NOT HAVE WHEN you buy goods from a business seller, you have the full protection of the Sale of Goods Act, which provides that goods must: be of satisfactory quality; | be fit for purpose, and | match the description given by |the seller.
Many prospective buyers are submitting offers with a request for Seller Financing for both first and second mortgage positions.
Exemption Form: In the situation described above, current SSUTA Section 312 provides that a purchaser that does not hold a direct-pay permit must provide the seller with an MPU Exemption Form.