DIFFERENCE
BETWEEN SALE AND AGREEMENT TO SALE
BUSINESS LAW
SALE OF GOODS ACT 1930
CONTRACT OF SALE
SECTION 4 OF THE SALE OF GOODS ACT DEFINE A CONTRACT OF SALE:
A CONTRACT OF SALE OF THE GOODS IS A CONTRACT WHER BY THE SELLER
TRANSFERS OR AGREES TO TRANSFER THE PROPERTY IN THE GOODS TO A BUYER FOR A
PRICE
CONTRACT OF SALE:
SALE OR ABSOLUTE SALE:- WHERE THE PROPERTY IN THE GOODS IS IMMEDIATELY
TRANSFERRED FROM TO THE BUYER AND NOTHING IS LEFT ON THE PART OF THE
SELLER. COUNTER SALE IS AN EXAMPLE
AGREEMENT TO SELL OR CONDITIONAL SALE:-WHERE THE TRANSFER OF PROPERTY
IN THE GOODS SHALL TAKE PLACE IN FUTURE ON THE FULFILLMENT OF CERTAIN
CONDITIONS
HOW AN AGREEMENT TO SELL BECOMES A SALE
FIRST STAGE CONSIST OF AGREEMENT TO SALE
IF OWNERSHIP IS TRANSFERRED IMMEDIATELY THEN IT IS ABSOLUTE SALE
BUT IF IT TO TAKE PLACE IN FUTURE OR ON THE FULFILLMENT OF CERTAIN
CONDITIONS. THEN IT IS AGREEMENT TO SELL
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