See Also: Odd-Lot Resale(money)
Resale(money)
Odd lot resale(finance)
resale(dictionary)
resale(dictionary)
RESALE(law)
resale price maintenance(encyclopedia)

RESALE (law)


RESALE. A second sale made of an article; as, for example, if A sell a horse to B, and the latter not having paid, for him, refuse to take him away, when to B, and the latter not having paid, for him, refuse to take him away, when by his contract he was bound to do so, and then A sells the horse to C. by his contract he was bound to do so, and then A sells the horse to C. 2. The effect of a resale, is not always to annul the first sale, 2. The effect of a resale, is not always to annul the first sale, because, as in this case, B would be liable to A for the difference of the because, as in this case, B would be liable to A for the difference of the price between the sale and resale. 4 Bing. 722; Blackb. on Sales, 336; 4 M. price between the sale and resale. 4 Bing. 722; Blackb. on Sales, 336; 4 M.