§ 29516 Sale Definition Scope

• •Selling something means giving it to someone else for money or something valuable.
• •It includes any agreement to sell, even if you haven't handed it over yet.
• •If you get something of value in return, it counts as a sale.

You agree to sell your bike to your friend for $50.

Even if you haven't given the bike yet, this agreement is still considered a sale because you're getting money in return.