Explain The Difference Between Sale And Agreement To Sale
- September 19, 2021
Section 4 of the Sales of Goods Act, 1930 deals with the sale and the agreement to be sold. Thank you, this is exactly to the point of keeping the good work and receiving tons of blessings, although you should also have a difference between CONDITIONAL SALE &ABSOLUTEM SALE WITH BENEFITS &DEMERITS Again thank you Here are the remarkable points of distinction between the partnership company and the Hindu Joint Family Firm If ownership of the goods is immediately transferred from the seller to the buyer, this is called selling. However, in the present case, it was found that there was a breach of the implied condition concerning the title on which the sale and the sale agreement were based. The buyer therefore has the right to recover the entire purchase price, even though he has used the car for four months. The statement of reasons for the judgment was that the seller`s consideration had completely failed because of the existence of a breach of condition. Right to resale: in case of sale, the seller may not resell the goods, even if the goods are in his possession. If he does so, he is guilty of infringement and the buyer can claim damages from the seller. In the event of a sales agreement, the seller remains the owner. If he resells the goods, he is guilty of infringement and the original buyer can only claim damages. Distinction Q/ Difference between the partnership enterprise and the Hindu family business Section 9 focuses on the determination of the price of goods.
Therefore, when a sale is made, a transfer takes place immediately and, therefore, the price is safe and fixed, while, under certain conditions, the price is determined according to the circumstances of a particular case, so that a sales agreement is concluded, but not the sale. Sale, immediate payment or delivery is not necessary. Payment and delivery can be made later. If both parties are willing to sell, that is, the buyer accepts the purchase and the seller is willing to sell the goods at monetary value. In the case of a sales agreement, the contract is executed at a future date, i.e. when the time has elapsed or when the necessary conditions are met. Once the contract is executed, it becomes a valid sale. All the necessary conditions at the time of sale must also be met in the case of a sales agreement. It is the duty of the partner not to transfer his property to the company without the agreement of the partner.
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