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When a seller agrees to sell an a buyer agrees to buy what has been established?
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What is a seller's mandate?
A Seller's Mandate is the person with legal authority to represent the seller in negotiations with potential buyers in the sale of commodities. The Mandate will have clear instructions from the seller as to the procedure to be adopted and what is required from the buyer in order to proceed with the sale. Normally, the seller will require proof of funding and/or a Letter of Intent before proceeding further with the sale. Thereafter, all negotiations will be between the seller's mandate and the buyer's mandate (a mandate for the buyer).
Can a buyer change listing price if a full price offer has been made but not accepted?
No. Only the seller can change the listing price. However, there's nothing to stop a buyer from offering to purchase the property for a higher amount. In fact, this is quite common in what are known as "bidding wars."
Do home inspectors work for the sellers buyers or real estate agents?
They work for whomever needs the inspection and has the money to pay them. Maybe you should not hire one that the real estate seller recommends. Where are you going to find an honest one? Good question. Who hires the most home inspectors? The buyer, seller, or real estate salesman? I think the inspectors have a moral and personal goal to do the best they can to provide an accurate report of the condition of a property. So far they have not been on the front pages of any newspapers I have seen.
What do you call a person who sells GOLD jewelry?
jewelry wholesaler? that's what I've been posting on my #authenticgoldbyKJ site
What are the pull and push strategies?
A push strategy in marketing is used when there has been developed or improved a new product which is unknown to the consumer. As there is no consumer demand in the product launch, the product and the information are "pushed" to the consumer by distribution and promotion. An example of this is a perfume product. Women do not request to smell a fragrance they never smelled before; it is simply "pushed" to them, through the advertisement. Due to the information asymmetry the producer tries by signalling to reduce the information gap between the consumer and the product. This is reached by promotion or other services like personal dialog. Another meaning of the push strategy in marketing can be found in the communication between seller and buyer. In dependence of the used medium, the communication can be either interactive or non-interactive. For example, if the seller makes his promotion by television or radio, it's not possible for the buyer to interact with. On the other hand, if the communication is made by phone or internet, the buyer has possibilities to interact with the seller. In the first case information are just "pushed" toward the buyer, while in the second case it is possible for the buyer to demand the needed information according to his requirements. * Applied to that portion of the supply chain where demand uncertainty is relatively small * Production & distribution decisions are based on long term forecasts * Based on past orders received from retailer's warehouse (may lead to Bullwhip effect) * Inability to meet changing demand patterns * Large and variable production batches * Unacceptable service levels * Excessive inventories due to the need for large safety stocks In a "pull" system the consumer requests the product and "pulls" it through the delivery channel. An example of this is the car manufacturing company Ford Australia. Ford Australia only produces cars when they have been ordered by the customers. * Applied to that portion of the supply chain where demand uncertainty is high * Production and distribution are demand driven * No inventory, response to specific orders * Point of sale (POS) data comes in handy when shared with supply chain partners * Decrease in lead time * Difficult to implement Ref: Wikipedia
What are the salient features of Hire Purchase?
Ownership rests with the seller until all the installments have been paid. It is an arrangement between seller and buyer of goods, normally consumer appliances, wherein the buyer agrees to pay the price over a period of time, in agreed installments, along with finance cost.
When is a real estate contract valid?
When it has been signed by the buyer and seller.
How would one describe a land contract?
A land contract is a contract between seller and buyer of property. A contract is only made when an agreement between seller and buyer has been reached. The seller becomes the land owner only when the full payment has been made.
What is credit notes?
A credit note (also known as a credit memorandum or credit memo) is a document that is issued by a seller to a buyer. The credit note is used to reimburse a buyer for goods that have been returned to the seller or for goods/services that were not received by a buyer.
If after a contract has been signed and agreed upon for buying a home can the seller back out of the deal?
Yes they can if it is done in accordance with the terms of the contract. If it is done in breach of the contract, the seller can actually have legal action taking against them. Not always Unless the buyer agrees, the contract remains enforceable, and a court can order the sale to proceed.
Can a police officer or drug enforcer use an informant who as been in trouble and is a felon buy a firearm?
Yes, they can. If the 'buy' is done under controlled circumstances the only thing that is being established is the criminality of the seller, NOT the buyer.
If a seller has delivered goods to a buyer who in turn has sold them to a third party and the buyer goes into liquidation can the seller retain title to the goods until he has been paid?
Under certain circumstances, and depending on local law, sometimes "yes".
What happens when a horse auction ends on howrse.com does it go back to the owner?
if the horse has been sold, the money will be given to the seller and the horse will be transferred to the buyer's account.if it has not been sold it will return to the seller.
What is a credit notes?
A credit note (also known as a credit memorandum or credit memo) is a document that is issued by a seller to a buyer. The credit note is used to reimburse a buyer for goods that have been returned to the seller or for goods/services that were not received by a buyer.
What is difference between a invoice and a credit note?
When a trader sells goods or services, he issues an invoice, usually in duplicate, and sends the original to the customer. This is to inform the buyer how much he has to pay. The duplicate is retained by the seller for recording and auditing purposes. A debit note is sent by the seller to the buyer as an additional invoice when the latter has been undercharged. In contrast, the seller sends the buyer a credit note when goods have been overcharged or when the buyer returns goods. You can see the debit and credit notes as corrections or amendments to the invoice.
What is a seller's mandate?
A Seller's Mandate is the person with legal authority to represent the seller in negotiations with potential buyers in the sale of commodities. The Mandate will have clear instructions from the seller as to the procedure to be adopted and what is required from the buyer in order to proceed with the sale. Normally, the seller will require proof of funding and/or a Letter of Intent before proceeding further with the sale. Thereafter, all negotiations will be between the seller's mandate and the buyer's mandate (a mandate for the buyer).
Can a seller on eBay not sell the item after you have won it?
No, once an auction has ended with yours being the winning bid, or you if have hit the Buy It Now button, you have won the item and the seller is obliged to sell it to you.In a similar way, the buyer is obliged to pay for an item after they have won it even if they have changed their mind.Sometimes a seller will end their auction early, even if they have bids; it is bad practice from the seller but it is allowed in some circumstances (for example, if the item has been broken) and must be done before the auction ends.If the seller refuses to sell the item the buyer can report them for "seller non-performance" and can leave negative feedback for the seller.If the buyer has already paid and the seller refuses to sell, the buyer can "open a case" with eBay, or PayPal, to get their money back and they can also leave negative feedback for the seller.
