This article was written by Deyasini Chakrabarti by KIIT Law of School, Odisha. This article deals mainly with two fundamental concepts of sale and sales agreement, different legal provisions related to them, as well as their difference. And what about the sale of absoulates and the comdational sale The nature of the sale agreement is subject to conditions. § 4, paragraph 1, defines sale as a contract in which the seller transfers ownership of goods to the buyer at a price or agrees to transfer them. This is what happens in the present. Such a sales event is fixed, conditional and binding on both parties. A contract of sale is concluded by the idea of buying or selling goods at a cost price and the confirmation of such an offer. The seller has the right to resell the same goods if the conditions are not met. The basis of Indian society is a contract.
The very basis of Indian society was based on the theory of the social contract. Thus, contracts are the roots of the law that deals with business, transactions of the Indian economy and society. The parent law was the Indian Contract Act of 1872, we had derived from the Sale of Goods Act of 1930. It thus makes it possible to improve, promote and promote operations in which the seller transfers ownership of the goods to the buyer for remuneration or agrees to transfer them. The judgment was motivated by the fact that the seller had not infringed the conditions of commercial suitability and quality. The express provision of the contract is not a condition and the seller`s breach was not sufficiently serious to get to the substance of the contract. Therefore, the buyer is only entitled to damages. In addition, Section 9 deals with the determination of the price of products. Therefore, when a sale is made, a transfer is immediate and the price is therefore 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.
In case of immediate sale, all rights related to the goods are tacitly transferred immediately to the buyer, while this is not the case for the sales agreement.. . . .