Seller

Some articles on seller:

Sale And Purchase Of Ship - Duties of The Seller
... Fundamentally, the main duty of the seller is to deliver the ship in accordance with the terms, conditions and warranty of the contract ... Furthermore, the seller is also has the obligation to avoid the misrepresentations ... of disclosure and the buyer is free to investigations on the ship intended to be purchased, the seller should not induce the other party to enter the contract by making material representations which are not true ...
Sale And Purchase Of Ship - Completion
... for the repairing of ship which affect the expense of the seller before delivery ... the closing memo, minutes of meeting of the seller's directors and shareholders, a certificate of good standing, power of attorney, the bill of sale, certificate of class, any ... Furthermore, the seller should arrange the deletion of his name from the registry and deletion of the existing flag, if the buyer wants to change the flag ...
Seller Financing
... Seller financing is a loan provided by the seller of a property or business to the purchaser ... Usually, the purchaser will make some sort of down payment to the seller, and then make installment payments (usually on a monthly basis) over a specified time, at an ... In layman's terms, this is when the seller in a transaction offers the buyer a loan rather than the buyer obtaining one from a bank ...
Cost-plus-incentive Fee
... cost-plus contract, the price paid by the buyer to the seller changes in relation to costs, in order to reduce the risks assumed by the contractor (seller) ... the cost in excess of the target cost is only partially paid according to a Buyer/Seller ratio, so the seller's profit decreases when exceeding the target cost ... Similarly, the seller's profit increases when actual costs are below the target cost defined in the contract ...
Sale And Purchase Of Ship - Remedies of Seller
... Under the Sale of Goods Act 1979 s.41, the seller entitles to exercise a possessory lien for the vessel until payment by the buyer ... Also, the seller also entitles to resell the vessel to the other buyer if the buyer fails to settle the payment in the time ... An unpaid seller may bring an action to recover the price where the purchaser has acquired the property in the ship but refuse or failed to pay the price ...

Famous quotes containing the word seller:

    No more astounding relic of the subjection of women survives in western civilization than the status of the prostitute.... In connection with what other illegal vice is the seller alone penalized, and not the buyer?
    Crystal Eastman (1881–1928)