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Bill of sale definition

Question
What is the definition of "bill of sale"? 
Answer
A bill of sale is a legal written document that serves to transfer the title of goods from one person or entity to another. A bill of sale will specify the involved parties, the roles of those parties in the transaction, the property to be transferred and the compensation paid -- or other value received -- for the goods delivered. 
Brain Trust contributor: Author of Instant Profits: Making Your Business Pay
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