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GENERAL OVERVIEW OF THE SALES OF GOODS

Definition of Sales of Goods

By the provision of S.1(1) of the Sales of Goods Act, a contract of sale is one whereby a seller transfers or agrees to transfer the property in goods to the buyer for a money consideration called the price. A contract of sale could be absolute or conditional; S.1 (2) SOGA.

A contract of sale can be an outright sale or Read More…