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Similarly, if a merchant has a deep discount sale, that is not a bulk sale as deep discounts can be made in the ordinary course of business. In the modern era, many retail businesses operate on consignment or short credit terms and so compliance with bulk sales registration in the purchase of such a business, or its assets, is generally mandatory.
Business to consumer sales arise when one party acts as a business and the other party receives the good for private use. [2] Business to business (B2B) sales take place when both parties act as businesses and sell the good for non-consumer sale. [2] Consumer to consumer (C2C) arise when neither party acts as a business entity. [2]
Judicial precedents of the Philippine Supreme Court were accepted as binding, a practice more attuned to common law jurisdictions. Eventually, the Philippine legal system emerged in such a way that while the practice of codification remained popular, the courts were not barred from invoking principles developed under the common law, [1] or from ...
The following table lists Philippine laws that have been mentioned in Wikipedia or are otherwise notable. Only laws passed by Congress and its preceding bodies are listed here; presidential decrees and other executive issuances which may otherwise carry the force of law are excluded for the purpose of this table.
Commercial law (or business law), [1] which is also known by other names such as mercantile law or trade law depending on jurisdiction; is the body of law that applies to the rights, relations, and conduct of persons and organizations engaged in commercial and business activities.
An Act creating three (3) additional Shari'a Judicial Districts and twelve (12) Shari'a Circuit Courts therein, and appropriating funds therefor, amending for the purpose Articles 138, 147, and 150 of Presidential Decree No. 1083, otherwise known as the "Code of Muslim Personal Laws in the Philippines [84]", as amended, and the relevant ...
Bulk purchasing or mass buying is the purchase of much larger quantities than the usual, for a unit price that is lower than the usual. Wholesaling is selling goods in large quantities at a low unit price to retail merchants.
Also part of the Global Sales Law Project is the leading commentary on the United Nations Convention on Contracts for the International Sale of Goods (CISG), edited by Ingeborg Schwenzer. The commentary is published in German (5th edition), [ 2 ] English (3rd edition), [ 3 ] and Spanish (1st edition). [ 4 ]