saleslaw
nounUK /ˈseɪlz.lɔː/
US /ˈseɪlz.lɑː/
Saleslaw is the set of rules about buying and selling things.
The shop owner checked the saleslaw before signing the contract.
OTHER MEANINGS
2. The legal rules that protect people when they buy goods.
Under saleslaw, the customer could return the broken toy.
3. The laws that govern agreements between businesses that sell products.
The two companies followed saleslaw when they made their deal.
4. A set of rules about how online purchases work.
Online stores must obey saleslaw when they sell to customers.