MLchartDataset catalogue

Resale

Term · Law · MLC-T-LAW-004261

The act of selling an item or property that was previously purchased by the seller. This transaction often occurs in secondary markets, where goods are traded after their initial acquisition from a manufacturer or primary distributor. Laws governing resale can include consumer protection regulations and specific rules for certain types of goods, such as securities or real estate.

Table 1. Record
IdentifierMLC-T-LAW-004261
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-004261",
  "term": "Resale",
  "field": "Law",
  "definition": "The act of selling an item or property that was previously purchased by the seller. This transaction often occurs in secondary markets, where goods are traded after their initial acquisition from a manufacturer or primary distributor. Laws governing resale can include consumer protection regulations and specific rules for certain types of goods, such as securities or real estate.",
  "url": "https://mlchart.com/terminology/law/resale/"
}

Record 4,324 of 5,445 in Law terminology (MLC-0107). Request the full dataset.