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Sell and Agreement to Sell (in Hindi)
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Explanation of Sale and Agreement to sell

Priyal Agrawal
CS Student, AIR 21 in CS foundation,love Teaching, reading, travelling, novels, fashion freak, watch the lessons to knw more

U
Unacademy user
hlo mam this Raman Aggarwal i m a CA foundation student. mam this my humble request to u to pls add SECTIONS with their respective topics as per the ACT so it will more helpful for us to remember them in xam days Thnq😊
hlo mam this Raman Aggarwal i m a CA foundation student. mam this my humble request to u to pls add SECTIONS with their respective topics as per the ACT so it will more helpful for us to remember them in xam days Thnq😊
  1. THE SALE OF GOODS ACT 1930


  2. ABOUT ME MYSELF PRIYAL AGRAWAL CS EXECUTIVE& BCOM 2ND YEAR STUDENT CS FOUNDATION (AIR 22) HOBBIES TO READ NOVELS, EXPLORING NEW THINGS FOLLOW ME ON UNACADEMY https:/L unacademy.com/user/PriyalAgrawal


  3. Sale and Agreement to sell


  4. Sale: In Sale, the property in goods is transferred rom seller to the buyer immediately. "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." .Agreement to Sell: In an agreement to sell, the ownership of the goods is not transferred immediately. It js intending to transfer at a future date upon the completion of certain conditions thereon.as - "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 ful lled, the contract is called an agreement to sell."


  5. When agreement to sell becomes sale: An agreement to sell becomes a sale when the time elapses or the conditions are fulfilled subject to which the property in the goods is to be transferred The following elements must co-exist so as to constitute a contract of sale of goods under the Sale of Goods Act, 1930: (i) There must be at least two parties, the seller and the buyer. (ii) The subject matter of the contract must necessarly be goods covering only movable property. It may be either existing goods, owned or possessed by the seller or future goods.


  6. . (i) A price in money (not in kind) should be paid or promised. But there is nothing to prevent the consideration from being partly in money and partly in kind (iv) A transfer of property in goods from seller to the buyer must take place. The contract of sale is made by an offer to buy or sell goods for a price by one party and the acceptance of such o er by other. v) A contract of sale may be absolute or conditional. (vi) All other essential elements of a valid contract must be present in the contract of sale, e.g. competency of parties, legality of object and consideration etc. .


  7. Thanks! Any questions? Ask me in the comment sections below! Rate Review Recomm