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Professor,

 

Forgive me if this has been explained before, I must have forgotten.

 

When one purchases computer system, or equipment of significant value

that we depend upon and use for years and years, it would behoove us to

do so with good timing.

 

What do we count as the TOB?

 

When one verbally agrees and says " I'll take it at and that price "

When one signs the contract

When one hands over the money

When it is received in the mail or delivered by the carrier like UPS

When it gets installed

When one turns the equipment on and first uses it.

 

All of these happen during the course of the transaction and usually on

different days. But only one of them can be timed very well.

 

Thank you so much.

 

Lila

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