Section 1 Sale of Goods Act 1893

Section 1 of the Sale of Goods Act 1893 is about Sale and agreement to sell. It provides as follows:

(1) A contract of sale of goods is a contract whereby Sale and The seller transfers or agrees to transfer the property in goods agreement to the buyer for a money consideration, called the price, to sell.
There may be a contract of sale between one part owner another.

(2) A contract of sale may be absolute or conditional.

(3) Where under a contract of sale the property in the goods is transferred from the seller to the buyer the contract is called a sale; but where the transfer of the property in the goods is to take place at a future time or subject to some condition thereafter to be fulfilled the contract is called an
agreement to sell.

(4) An agreement to sell becomes a sale when the time or the conditions are fulfilled subject to which the property in the goods is to be transferred.

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