Distinguish Between a Sale and an Agreement to Sell

Sale

Agreement to sell

 Property or ownership is of goods is transferred immediately to the future time or subject to certain buyer.               

 Ownership is to be transferred at conditions to be fulfilled.

 If the buyer fails to pay for the goods the seller may sue for price.

 The seller can sue only for the damages and not for the price.

 If the goods are destroyed the loss falls upon the buyer

 If the goods are destroyed the loss falls upon the seller unless otherwise agreed. 

 The seller cannot resell the goods

 The seller can resell the goods

 A sale is an executed contract

 Agreement to sell is an executing contract.

Powered By 360Presence

Project Time Cost Trade-off Project Time Cost Trade-off Project Time Cost Trade-off Project Time Cost Trade-off

By Hassham

Leave a Reply

Your email address will not be published. Required fields are marked *