Question

a contract of sale of goods is​

Answer 1

Answer:

A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price. There may be a contract of sale between one part-owner and another. A contract of sale may be absolute or conditional.

Answer 2

A contract of sale of goods is a contract whereby the seller transfers, or agrees to transfer, the property in goods to the buyer for a money consideration, called the "price", and there may be a contract of sale between one part owner and another.

Explanation:

• A selling agreement may be either unconditional or conditional.
• A "sale" occurs when the property in the goods is transferred from the seller to the buyer under a contract of sale. However, a "agreement to sell" occurs when the property in the goods is transferred at a later date or subject to the fulfilment of a condition.
•  A sale occurs when the terms under which the property in the goods is to be transferred are met, the time period specified in the agreement to sell expires, or both. R.S., c. 408, s. 4.
• One of the significant categories of contracts under Indian law is the sale of goods. India is a major country with one of the greatest economies, thus it has the necessary safeguards in place to guarantee the security and prosperity of its business and commercial community.
• Here, we'll go through The Sale of Products Act of 1930, which clarifies and defines terms relating to the exchange of goods and the sale of goods.

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