Question

What is contract of sale? Describe the characteristic of a contract of sale?

Answer 1

Explanation:

➡️ A contract of sale is a contract or agreement wherein one party (seller/vendor) obligates himself to deliver and transfer something to the other party (buyer/vendee/purchaser), who, on his part, obligates himself to pay the price.

Answer 2

Answer:

A contract of sale is a contract or agreement wherein one party obligates himself to deliver and transfer something to the other party. who, on his part, obligates himself to pay the price.