Sell
Term · Law · MLC-T-LAW-004476
To transfer ownership of property or goods from one party to another in exchange for money or other valuable consideration. This transaction typically involves an offer, acceptance, and consideration, forming a legally binding contract. The Uniform Commercial Code (UCC) governs the sale of goods in most U.S. states.
| Identifier | MLC-T-LAW-004476 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004476",
"term": "Sell",
"field": "Law",
"definition": "To transfer ownership of property or goods from one party to another in exchange for money or other valuable consideration. This transaction typically involves an offer, acceptance, and consideration, forming a legally binding contract. The Uniform Commercial Code (UCC) governs the sale of goods in most U.S. states.",
"url": "https://mlchart.com/terminology/law/sell/"
}
Record 4,546 of 5,441 in Law terminology (MLC-0107). Request the full dataset.