means Goods that will be purchased by a department and resold as-is. In the case of food, items that are bought and re-sold without being altered are Resale items; items that are cut up, cooked, or otherwise processed before being re-sold are not Resale items.
The sale of a unit by a developer or subsequent purchaser after the issuance of the Certificate of Statutory Completion and the Subsidiary Strata Certificates of Title or the Certificates of Title for all the units in the development.
The purchase of an existing, previously owned home. A resale transaction is substantially more involved than the purchase of a new home, as a resale home carries a history of ownership that must be reviewed by your lawyer.
The service offered by an entity that does not own and operate its own facilities (plant). This provider will purchase services from another vendor at a reduced rate, add a margin and sell the service to end users. This provider then assumes the responsibility for customer service on sales, repair and billing applications. In some cases, these providers use third party vendors to fulfill these fuctions.