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Bulk sales legislation, such as Article Six of the Uniform Commercial Code was designed to eliminate this type of fraud. [1] For example, in the ordinary course of business, a car dealer would sell a number of cars in one day. In extraordinary circumstances, it might sell its entire inventory to different buyers within a short period of time.
eBay office in Toronto, Canada. eBay Inc. (/ ˈ iː b eɪ / EE-bay, often stylized as ebay or Ebay) is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide.
In law, breaking bulk is the act of removing something from a package or parcel, or in any way destroying its entirety. It was thus important in connection with the subject of bailment, involving as it did the curious distinction that where a bailee received possession of goods in a box or package, and then sold them as a whole, he was guilty only of a breach of trust, but if he "broke bulk ...
Scam letter posted within South Africa. An advance-fee scam is a form of fraud and is a common confidence trick.The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum.
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FOB (free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce. FOB is only used in non-containerized sea freight or inland waterway ...
One example is: A property owner in Hawaii contracts with a mainland architect to design their Hawaii home. Even though the architect perhaps does all of their work in a mainland location, the architect needs to pay the State of Hawaii a 4% use tax on the architect's fee because the designed house is located in Hawaii (even if the house is ...
On eBay, the bidding price started at $233.95, with bidding ended at a sale price of US$10,000. [63] Both the e-mail exchange and the picture have become internet hits. [64] In July 2009, Dornoch Capital Advisors placed England's Coca-Cola League One Side Tranmere Rovers F.C. on eBay without permission from owner and chairman Peter Johnson ...