They were selling their 15-year-old home and a presale inspection revealed moisture behind the home's stucco exterior.

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As a federally licensed firearms dealer, the company already conducts presale background checks on purchasers of its guns.

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Peter Wilson, Sotheby's suave, Eton-educated chairman, expanded Parke Bernet's novel practice of opening its galleries for presale exhibits.

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Word of the weak presale spread, and scared a few investors enough for them to flee the production.

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These are essentially presale of the physical commodity for an upfront cash payment and a guarantee to deliver the oil or gas at future dates.

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