sample buyer

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• sample (sale by, implied term) — a contract of sale is a sale by sample where there is an express or implied term to that effect in the contract. Where there is a sale by sample there is an implied condition: (a) that the bulk will correspond with the sample in quality; (b) that …   Law dictionary

• sample — I noun archetype, case in point, cross section, documentum, ensample, example, exemplar, exemplification, exemplum, guide, illustration, instance, model, original, paradigm, prototype, representation, representative, representative selection,… …   Law dictionary

• sample, sale by — n. A sale in which the buyer examines only a sample of the item purchased, which creates an express warranty that all goods of that type are of the same quality and design as the sample. The Essential Law Dictionary. Sphinx Publishing, An imprint …   Law dictionary

• buyer — Anyone who enters the market to purchase a good or service. For futures, a buyer can be establishing a new position by purchasing a contract ( going long), or liquidating an existing short position. Puts and calls can also be bought, giving the… …   Financial and business terms

• sample — ▪ I. sample sam‧ple 1 [ˈsɑːmpl ǁ ˈsæm ] noun [countable] 1. a number of people or things chosen from a large group to take part in studies that provide information about the whole group: sample of • Of a sample of executives in 600 companies,… …   Financial and business terms

• sample, sale by — A sale at which only a sample of the goods sold is exhibited to the buyer. Any sample or model which is made part of the basis of the bargain creates an express warranty that the whole of the goods shall conform to the sample or model. U.C.C. No …   Black's law dictionary

• sale by sample — ˌsale by ˈsample noun sales by sample PLURALFORM [countable, uncountable] COMMERCE a sale made under the agreed condition that most of the goods being sold are as good as one that has been shown to the buyer as a sample * * * sale by sample UK US …   Financial and business terms

• warranty — A promise that a proposition of fact is true. The Fred Smartley, Jr., C.A.Va., 108 F.2d 603, 606. An assurance by one party to agreement of existence of fact upon which other party may rely. It is intended precisely to relieve promisee of any… …   Black's law dictionary

• Sale of Goods Act 1979 — The Sale of Goods Act 1979 is a British Act of Parliament (1979, ch 54) which regulates contracts in which goods are sold and bought. The Act consolidates the Sale of Goods Act 1893 and subsequent legislation, which in turn consolidated the… …   Wikipedia

• sale — n 1 a: the transfer of title to property from one party to another for a price; also: the contract of such a transaction see also short 1 2 compare barter, donation …   Law dictionary

• Royalties — Not to be confused with Royal family. Royalty cheque. Royalties (sometimes, running royalties, or private sector taxes) are usage based payments made by one party (the licensee ) to another (the licensor ) for the right to ongoing use of an asset …   Wikipedia