What is 'delivery'?
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Terms in this set (16)
What is consideration for seller and buyer?price in cash and transfer in ownershipWhat does Sec 4(1) of SOGA state?Contract of sale is a contract whereby the seller transfers or agrees to transfer the property in the goods to the buyer for a price.Which section involves the meaning of goods?Sec 2(7)What is difference between transfer and agrees to transfer?Agrees to tranfer includes future goodsCan two parties be same?Yes but with different capacitiesIntangible goods?Commissioner of Sales Tac MP v MP Electricity Board and Jabalpur cable network v ESPN states that intangible goods fall under Contract of Sale