Part 23: Valuation & Appraisement of Merchandise
Videos of the Day
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16m
Explore the process of subsequent sales and the significance of transaction value in resale scenarios. The video clarifies the right to reproduce and its effect on pricing, noting that it does not add to transaction value. It provides examples from original artwork sales, differentiating between copyright fees and transaction value. Additionally, it discusses exclusions from transaction value, including duties and taxes, and how market restrictions affect sales, especially in the automotive sector.
#Code of Federal Regulations (CFR) Title 19
#Part 152
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