Double Sale

Thus, there is double sale when the following are present:

1. The two (or more) sales transactions in the issue must pertain to exactly the same subject matter, and must be valid sales transactions.

2. The two (or more) buyers at odds over the rightful ownership of the subject matter must each represent conflicting interests; and

3. The two (or more) buyers at odds over the rightful ownership of the subject matter must each have bought from the very same seller.
   

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