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