A contract to transfer property in Goods from one person to another is termed as Contract of Sales of Goods, the same is different from Agreement to Sell the Goods which is some future transaction.

1. CONTRACT OF SALES OF GOODS
By Sehrish Saba Raja Advocate

2. Meaning of Contract
of Sales of Goods
It is a contract
to transfer
property in the
goods.

3. Sale & Agreement
to Sell
When the property in goods
is immediately transferred
from seller to buyer it is sale
but when transfer is to be
made at sometime in future
despite its agreement today
it is termed as agreement to
sell.

5. Essential Elements of
Sale of Goods
- All essential elements of
valid contract
- Minimum two parties to
contract as seller and buyer
- Subject matter of the
contract should be in
nature of Goods
- Prices should be
determining factor of
contract
- Transfer should be obvious