It allows for capturing more consumer surplus as it allows price discrimination, a process whereby a seller can charge a higher price to one buyer who is more eager ( by being richer or more desperate ).

* The goods were specially manufactured for the buyer and the seller either 1 ) began manufacturing them, or 2 ) entered into a third party contract for their manufacture, and the manufacturer cannot without undue burden sell the goods to another person in the seller's ordinary course of business: for example, t-shirts with a little league baseball team logo or wall-to-wall carpeting for an odd-sized room.

Investors benefit from liquid securities because they can sell their assets whenever they want ; an illiquid security may force the seller to get rid of their asset at a large discount.

According to legend, at the World's Fair an ice cream seller had run out of the cardboard dishes used to put ice cream scoops in, so they could not sell any more produce.

Often they are told by the seller precisely how high to bid, as the seller actually pays the price ( to himself, of course ) if the item does not sell, losing only the auction fees.

In practice, an auction advertised as " absolute " or " no-reserve " may nonetheless still not sell to the highest bidder on the day, for example, if the seller withdraws the item from the auction or extends the auction period indefinitely, although these practices may be restricted by law in some jurisdictions or under the terms of sale available from the auctioneer.

To profit from a decrease in the price of a security, a short seller can borrow the security and sell it expecting that it will be cheaper to repurchase in the future.

" Nevertheless Afrodisiac became a moderate seller: While the album debuted at number three on the Billboard 200, selling only 416, 000 copies to date, it generally failed to chart or sell noticeably outside the United States.

Otherwise, the moment the seller tries to sell the same good at different prices, the buyer at the lower price can arbitrage by selling to the consumer buying at the higher price but with a tiny discount.

The seller ( or " writer ") is obligated to sell the commodity or financial instrument should the buyer so decide.

One party, the buyer of the put, has the right, but not an obligation, to sell the asset at the strike price by the future date, while the other party, the seller of the put, has the obligation to buy the asset at the strike price if the buyer exercises the option.

That is, the seller will hold the stock and sell warrants against them.

A buyer of real property must ensure that he or she obtains a good and marketable ' title ' to the land ; i. e., that the seller is the owner, has the right to sell the property, and there is no factor which would impede a mortgage or re-sale.

: If someone would be greatly helped by something belonging to someone else, and the seller not similarly harmed by losing it, the seller must not sell for a higher price: because the usefulness that goes to the buyer comes not from the seller, but from the buyer's needy condition: no one ought to sell something that doesn't belong to him.

The party agreeing to buy the underlying asset in the future, the " buyer " of the contract, is said to be " long ", and the party agreeing to sell the asset in the future, the " seller " of the contract, is said to be " short ".

The mortgage seller may hold that security or sell it.

In trade transactions, a pro forma invoice is a document that states a commitment from the seller to sell goods to the buyer at specified prices and terms.

Upon signing a listing contract with the seller wishing to sell the real estate, the brokerage attempts to earn a commission by finding a buyer for the sellers ' property for highest possible price on the best terms for the seller.

In a competitive market the price of a particular economic good adjusts to ensure that all trades which benefit both the buyer and the seller of a good occur.

These typically involve the scammer contacting the seller of a particular good or service via telephone or email expressing interest in it.

For example, if the seller undertakes to supply the wheat of a particular field, or the fruit of a particular tree, the salam will not be valid, because there is a possibility that the crop of that particular field or the fruit of that tree is destroyed before delivery, and, given such possibility, the delivery remains uncertain.

* An offer from another dealer to offset $ 1, 500 against the price of a new car ( does the seller want to buy a new car right now, and the offered car in particular?

The latter in particular rose high in the charts and gained the band a much wider audience than before, ensuring that the parent album went on to become a huge seller.

The buyer of the call option has the right, but not the obligation to buy an agreed quantity of a particular commodity or financial instrument ( the underlying ) from the seller of the option at a certain time ( the expiration date ) for a certain price ( the strike price ).

Section 9 of RESPA prohibits a seller from requiring the home buyer to use a particular title insurance company, either directly or indirectly, as a condition of sale.

If land is sold, it may yield a capital gain for the seller, but such profits from land sales are not usually made explicit in official statistics, in part because a standard valuation of what the land was previously worth is often difficult to operationalize, in particular if the land was improved or developed by the seller.

Wicked, in particular has been a big seller for the label and continues to sell well.

The warranty of fitness for a particular purpose is implied when a buyer relies upon the seller to select the goods to fit a specific request.

An actual sale transaction of shares between buyer and seller is usually considered to provide the best prima facie market indicator as to the " true value " of shares at that particular time.

Once a particular product has been found on the web site of the seller, most online retailers use shopping cart software to allow the consumer to accumulate multiple items and to adjust quantities, like filling a physical shopping cart or basket in a conventional store.

A bill of sale is a legal document made by a ' seller ' to a purchaser, reporting that on a specific date, at a specific locality, and for a particular sum of money or other " value received ", the seller sold to the purchaser a specific item of personal, or parcel of real, property of which he had lawful possession.

A bill of sale has been defined as a legal document made by the seller to a purchaser, reporting that on a specific date at a specific locality and for a particular sum of money or other value received, the seller sold to the purchaser a specific item of personal property, or parcel of real property of which he had lawful possession.

Transformers, in particular, was a major seller for Marvel UK, selling 200, 000 copies a week at its height.

The seller can see the average sale price and most recent sale price for any particular item to determine the selling price desired.

A potential buyer sees the available inventory for any particular item and can choose the seller.

The warranty of fitness for a particular purpose is implied when a buyer relies upon the seller to select the goods to fit a specific request.

An implied warranty of fitness for a particular purpose is a warranty implied by law that if a seller knows or has reason to know of a particular purpose for which some item is being purchased by the buyer, the seller is guaranteeing that the item is fit for that particular purpose.

Heinz is the leading seller of baked beans in the UK, with its beans product lines referred to as Heinz Baked Beanz.

If there is a single seller in a certain industry and there are not any close substitutes for the product, then the market structure is that of a " pure monopoly ".

Warranties are statements by a manufacturer or seller concerning a product during a commercial transaction.

Express warranty claims focus on express statements by the manufacturer or the seller concerning the product ( e. g., " This chainsaw is useful to cut turkeys ").

To show this relationship, suppose that the market price of a product is $ 1. 00, and that a $ 0. 50 tax is imposed on the product that, by law, is to be collected from the seller.

If the product has an elastic demand, a greater portion of the tax will be absorbed by the seller.

For example, the seller might drop the price of the product to $ 0. 70 so that, after adding in the tax, the buyer pays a total of $ 1. 20, or $ 0. 20 more than he did before the $ 0. 50 tax was imposed.

In essence, a futures contract is a standardized forward contract in which the buyer and the seller accept the terms in regards to product, grade, quantity and location and are only free to negotiate the price.

In many transactions, one party ( usually the seller ) has more information about the product being sold than the other party.

The main elements that influence market structure are, seller concentration, product differentiation, barriers to entry, barriers to exit, buyer concentration, and the growth rate of market demand.

* sales on the condition that ( A ) the buyer or lessee not deal with the competitors of the seller or lessor (" exclusive dealings ") or ( B ) the buyer also purchase another different product (" tying ") but only when these acts substantially lessen competition ( Act Section 3, codified at );

The seller produces more of his product than he would to achieve monopoly profits with no price discrimination, which means that there is no deadweight loss.

This made it the number one seller in corn based chips ; it is the second leading seller behind Lay's Potato Chip, another Frito Lay product.

Cost of production concerns the seller ’ s investment ( e. g., manufacturing expense ) in the product being exchanged with a buyer.

It discusses information asymmetry, which occurs when the seller knows more about a product than the buyer.

# An incentive exists for the seller to pass off a low quality product as a higher quality one

From that of the seller, it is a tax only on the value added to a product, material, or service, from an accounting point of view, by this stage of its manufacture or distribution.

The seller of a product or service may advertise untrue facts about the product or service in order to gain sales, especially by competitive advantage.

A customer ( also known as a client, buyer, or purchaser ) is the recipient of a good, service, product, or idea, obtained from a seller, vendor, or supplier for a monetary or other valuable consideration.

Where a monopoly exists, the price of a product is likely to be higher than in a competitive market and the quantity sold less, generating monopoly profits for the seller.

They required anyone writing about a product or service online to disclose any financial connection to the seller, including free gifts.