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Directions: Read the following passage and answer the question.
Section 4 of the Sale of Goods Act, 1930 specifically deals with sale and agreement to sell. It expresses that, firstly, an agreement to sell products is an agreement whereby the merchant moves or consents to move the property in merchandise to the purchaser at a cost. There might be an agreement of offer between one section proprietor and another. Secondly, an agreement to sell might be total or restrictive. Thirdly, where under an agreement to sell, the property in the merchandise is moved from the seller to the buyer, the agreement is known as a sale, yet where the exchange of the property in the products is to happen at a future time or subject to some condition from that point to be satisfied, the agreement is called an agreement to sell. Lastly, an agreement to sell turns into a sale when the time slips by or the conditions are satisfied depending upon which the property in the merchandise is to be moved.
Section 4(1) defines sale as a contract, whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price or consideration. Thus, it happens in the present.
Such an event of sale is fixed, conditional and binding upon both the parties. A contract of sale is made by an idea to purchase or sell merchandise at a cost and the affirmation of such an offer. The existing goods mostly form the subject of the contract of sale. However, the goods could also be owned or possessed by the seller of future goods.
Title is an important condition precedent to the sale. If it is not with the seller, then the sale will not be valid unless the condition stipulated is with respect to future goods but will be only an agreement to sale. In such a condition, the seller will be liable to compensate for any loss to the buyer.
An agreement to sell can be defined as the transfer of property in goods that is to take place in future time or the transfer might take place depending on the fulfillment of certain conditions. The same had been defined in Section 4(3). An agreement to sell also becomes a sale when the given time elapses or the conditions that are needed for the transfer to happen get fulfilled. Thus, an agreement to sell establishes the terms and conditions of the offer of a property by the seller to the buyer.
[Extracted with edits and revisions from Sale and Agreement to Sell: An Analysis of Statutory Provisions, blog by ipleaders]
Q. What is the key difference between a sale and an agreement to sell, as defined in Section 4 of the Sale of Goods Act?
  • a)
    A sale is conditional, while an agreement to sell is binding.
  • b)
    A sale involves existing goods, while an agreement to sell can pertain to future goods.
  • c)
    A sale always requires immediate transfer of property, while an agreement to sell can involve a future transfer.
  • d)
    A sale is legally binding, while an agreement to sell is not enforceable by law.
Correct answer is option 'B'. Can you explain this answer?
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Directions: Read the following passage and answer the question.Section...
Section 4 of the Sale of Goods Act establishes a crucial distinction between a "sale" and an "agreement to sell." A sale pertains to existing goods, meaning goods that are already in existence and can be immediately transferred to the buyer. In contrast, an agreement to sell can involve future goods, which means the goods might not exist at the time of the agreement, and the transfer will occur in the future, contingent upon certain conditions. This distinction is essential in determining the legal status and obligations of the parties involved in a transaction.
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Directions: Read the following passage and answer the question.Section 4 of the Sale of Goods Act, 1930 specifically deals with sale and agreement to sell. It expresses that, firstly, an agreement to sell products is an agreement whereby the merchant moves or consents to move the property in merchandise to the purchaser at a cost. There might be an agreement of offer between one section proprietor and another. Secondly, an agreement to sell might be total or restrictive. Thirdly, where under an agreement to sell, the property in the merchandise is moved from the seller to the buyer, the agreement is known as a sale, yet where the exchange of the property in the products is to happen at a future time or subject to some condition from that point to be satisfied, the agreement is called an agreement to sell. Lastly, an agreement to sell turns into a sale when the time slips by or the conditions are satisfied depending upon which the property in the merchandise is to be moved.Section 4(1) defines sale as a contract, whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price or consideration. Thus, it happens in the present.Such an event of sale is fixed, conditional and binding upon both the parties. A contract of sale is made by an idea to purchase or sell merchandise at a cost and the affirmation of such an offer. The existing goods mostly form the subject of the contract of sale. However, the goods could also be owned or possessed by the seller of future goods.Title is an important condition precedent to the sale. If it is not with the seller, then the sale will not be valid unless the condition stipulated is with respect to future goods but will be only an agreement to sale. In such a condition, the seller will be liable to compensate for any loss to the buyer.An agreement to sell can be defined as the transfer of property in goods that is to take place in future time or the transfer might take place depending on the fulfillment of certain conditions. The same had been defined in Section 4(3). An agreement to sell also becomes a sale when the given time elapses or the conditions that are needed for the transfer to happen get fulfilled. Thus, an agreement to sell establishes the terms and conditions of the offer of a property by the seller to the buyer.[Extracted with edits and revisions from Sale and Agreement to Sell: An Analysis of Statutory Provisions, blog by ipleaders]Q.Rowland purchased a second-hand motor vehicle from Divall and used it for a period of four months. However, Divall did not have legal ownership of the car, and as a result, Rowland had to return it to the actual owner. Rowland decided to take legal action to recover the full purchase price he had paid to Divall. Will Rowlands legal claim be successful?

Directions: Read the following passage and answer the question.Section 4 of the Sale of Goods Act, 1930 specifically deals with sale and agreement to sell. It expresses that, firstly, an agreement to sell products is an agreement whereby the merchant moves or consents to move the property in merchandise to the purchaser at a cost. There might be an agreement of offer between one section proprietor and another. Secondly, an agreement to sell might be total or restrictive. Thirdly, where under an agreement to sell, the property in the merchandise is moved from the seller to the buyer, the agreement is known as a sale, yet where the exchange of the property in the products is to happen at a future time or subject to some condition from that point to be satisfied, the agreement is called an agreement to sell. Lastly, an agreement to sell turns into a sale when the time slips by or the conditions are satisfied depending upon which the property in the merchandise is to be moved.Section 4(1) defines sale as a contract, whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price or consideration. Thus, it happens in the present.Such an event of sale is fixed, conditional and binding upon both the parties. A contract of sale is made by an idea to purchase or sell merchandise at a cost and the affirmation of such an offer. The existing goods mostly form the subject of the contract of sale. However, the goods could also be owned or possessed by the seller of future goods.Title is an important condition precedent to the sale. If it is not with the seller, then the sale will not be valid unless the condition stipulated is with respect to future goods but will be only an agreement to sale. In such a condition, the seller will be liable to compensate for any loss to the buyer.An agreement to sell can be defined as the transfer of property in goods that is to take place in future time or the transfer might take place depending on the fulfillment of certain conditions. The same had been defined in Section 4(3). An agreement to sell also becomes a sale when the given time elapses or the conditions that are needed for the transfer to happen get fulfilled. Thus, an agreement to sell establishes the terms and conditions of the offer of a property by the seller to the buyer.[Extracted with edits and revisions from Sale and Agreement to Sell: An Analysis of Statutory Provisions, blog by ipleaders]Q.Ram gave his watch to Shyam as a gift. Subsequently, Ram decided to reclaim it, asserting his ownership. Shyam disputed this, citing ownership through a sale. Is Shyams assertion valid?

Directions: Read the following passage and answer the question.Section 4 of the Sale of Goods Act, 1930 specifically deals with sale and agreement to sell. It expresses that, firstly, an agreement to sell products is an agreement whereby the merchant moves or consents to move the property in merchandise to the purchaser at a cost. There might be an agreement of offer between one section proprietor and another. Secondly, an agreement to sell might be total or restrictive. Thirdly, where under an agreement to sell, the property in the merchandise is moved from the seller to the buyer, the agreement is known as a sale, yet where the exchange of the property in the products is to happen at a future time or subject to some condition from that point to be satisfied, the agreement is called an agreement to sell. Lastly, an agreement to sell turns into a sale when the time slips by or the conditions are satisfied depending upon which the property in the merchandise is to be moved.Section 4(1) defines sale as a contract, whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price or consideration. Thus, it happens in the present.Such an event of sale is fixed, conditional and binding upon both the parties. A contract of sale is made by an idea to purchase or sell merchandise at a cost and the affirmation of such an offer. The existing goods mostly form the subject of the contract of sale. However, the goods could also be owned or possessed by the seller of future goods.Title is an important condition precedent to the sale. If it is not with the seller, then the sale will not be valid unless the condition stipulated is with respect to future goods but will be only an agreement to sale. In such a condition, the seller will be liable to compensate for any loss to the buyer.An agreement to sell can be defined as the transfer of property in goods that is to take place in future time or the transfer might take place depending on the fulfillment of certain conditions. The same had been defined in Section 4(3). An agreement to sell also becomes a sale when the given time elapses or the conditions that are needed for the transfer to happen get fulfilled. Thus, an agreement to sell establishes the terms and conditions of the offer of a property by the seller to the buyer.[Extracted with edits and revisions from Sale and Agreement to Sell: An Analysis of Statutory Provisions, blog by ipleaders]Q.Jackson proposes to sell his bicycle to Michael for an agreed consideration of Rs. 50,000, with the understanding that the sale will take effect after a three-month period from the agreement date, which is November 1, 2019. Michael paid the agreed amount for the bicycle and acquired possession of it on February 2, 2020, asserting ownership through the sale. Is this sale legally valid?

Directions: Read the following passage and answer the question.Section 4 of the Sale of Goods Act, 1930 specifically deals with sale and agreement to sell. It expresses that, firstly, an agreement to sell products is an agreement whereby the merchant moves or consents to move the property in merchandise to the purchaser at a cost. There might be an agreement of offer between one section proprietor and another. Secondly, an agreement to sell might be total or restrictive. Thirdly, where under an agreement to sell, the property in the merchandise is moved from the seller to the buyer, the agreement is known as a sale, yet where the exchange of the property in the products is to happen at a future time or subject to some condition from that point to be satisfied, the agreement is called an agreement to sell. Lastly, an agreement to sell turns into a sale when the time slips by or the conditions are satisfied depending upon which the property in the merchandise is to be moved.Section 4(1) defines sale as a contract, whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price or consideration. Thus, it happens in the present.Such an event of sale is fixed, conditional and binding upon both the parties. A contract of sale is made by an idea to purchase or sell merchandise at a cost and the affirmation of such an offer. The existing goods mostly form the subject of the contract of sale. However, the goods could also be owned or possessed by the seller of future goods.Title is an important condition precedent to the sale. If it is not with the seller, then the sale will not be valid unless the condition stipulated is with respect to future goods but will be only an agreement to sale. In such a condition, the seller will be liable to compensate for any loss to the buyer.An agreement to sell can be defined as the transfer of property in goods that is to take place in future time or the transfer might take place depending on the fulfillment of certain conditions. The same had been defined in Section 4(3). An agreement to sell also becomes a sale when the given time elapses or the conditions that are needed for the transfer to happen get fulfilled. Thus, an agreement to sell establishes the terms and conditions of the offer of a property by the seller to the buyer.[Extracted with edits and revisions from Sale and Agreement to Sell: An Analysis of Statutory Provisions, blog by ipleaders]Q.Ganesh did not have physical possession of the headphones at the time of the agreement when he agreed to sell them to Anmol. However, he committed to delivering them within two months. Within the specified two-month period, Ganesh received the headphones and handed them over to Anmol, who rejected the delivery, asserting that it was not a valid sale because Ganesh did not possess the headphones at the time of the agreement. Is this sale legally valid?

Directions:The question is based on the reasoning and arguments or facts and principles set out in the passage. Some of these principles may not be true in the real or legal sense, yet you must conclusively assume that they are true for the purpose. Please answer the question on the basis of what is stated or implied in the passage. Do not rely on any principle of law other than the ones supplied to you and do not assume any facts other than those supplied to you when answering the question. Please choose the option that most accurately and comprehensively answers the question.The Specific Relief Act provides for specific reliefs. Specific relief means relief of certain species, i.e. an exact or particular, a named, fixed or determined relief. The term is generally understood as providing relief of a specific kind rather than a general relief or damages or compensation. It is a remedy which aims at the exact fulfilment of an obligation or specific performance of the contract, i.e if some body unlawfully dispossesses someone of his property, the general relief may be requiring the defendant to pay the other party compensation equivalent to the loss suffered by him due to dispossession. Specific relief may enable to have the possession of the same property over again by requiring the defendant to restore possession of the property. Specific performance is generally granted when there exists no standard for ascertaining actual damage, say, there is sale of picture by the dead painter, or where compensation in money will not provide adequate relief to the plaintiff. S. 10 of the Act provides the conditions where the specific performance of contract is enforceable. According to it, the specific performance of any contract may, in the discretion of the court, be enforced when there exists no standard for ascertaining the actual damage caused by the non-performance of the act agreed to be done or when the act agreed to be done is such that compensation in money for its non-performance would not afford adequate relief. But in the exercise of this discretion, the court is governed by certain principles. The explanation to the section states that the court in case of immovable property shall presume that the breach of a contract to transfer immovable property cannot be adequately relieved by compensation in money; and that the breach of a contract to transfer movable property can be so relieved except in the cases where the property is not an ordinary article of commerce, or is of special value or interest to the person, or consists of goods which are not easily obtainable in the market; or where the property is held by the defendant as the agent or trustee of the plaintiff. It would be burden of defendants to demonstrate that the breach can be adequately compensated. Section 11(2) of the Specific Relief Act, 1963 provides that a contract made by a trustee in excess of his powers or in breach of trust cannot be specifically enforced. Also, the contract to be specifically enforced must be mutual. The doctrine of mutuality means that the contract must be mutually enforceable by each party against the other. It does not, however, mean that for every right there must be corresponding clause. A contract may contain series of clauses and covenants which form the total bargain between the parties, and each of them is the consideration for the other. It means each party to the contract must have the freedom to enforce his right under the contract against each other.Q.X appointed Y as the trustee of his school as X was moving abroad for a month. He instructed Y to lease the playgrounds to PQR Academy during summers. The director of PQR Academy had a talk with X before X left the country regarding leasing of 10 classrooms, to be used as dressing rooms. X was willing for it but wanted time for consideration citing reason that those classrooms were under repairs. On the time of execution of lease deed, the director of PQR Academy discussed it with Y and asked him to include the classrooms as well, as repairs were over. Y got the lease deed registered with required addition. On his return, X took the possession of the classrooms. PQR Academy sued X for specific performance of the lease deed. Decide.

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Directions: Read the following passage and answer the question.Section 4 of the Sale of Goods Act, 1930 specifically deals with sale and agreement to sell. It expresses that, firstly, an agreement to sell products is an agreement whereby the merchant moves or consents to move the property in merchandise to the purchaser at a cost. There might be an agreement of offer between one section proprietor and another. Secondly, an agreement to sell might be total or restrictive. Thirdly, where under an agreement to sell, the property in the merchandise is moved from the seller to the buyer, the agreement is known as a sale, yet where the exchange of the property in the products is to happen at a future time or subject to some condition from that point to be satisfied, the agreement is called an agreement to sell. Lastly, an agreement to sell turns into a sale when the time slips by or the conditions are satisfied depending upon which the property in the merchandise is to be moved.Section 4(1) defines sale as a contract, whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price or consideration. Thus, it happens in the present.Such an event of sale is fixed, conditional and binding upon both the parties. A contract of sale is made by an idea to purchase or sell merchandise at a cost and the affirmation of such an offer. The existing goods mostly form the subject of the contract of sale. However, the goods could also be owned or possessed by the seller of future goods.Title is an important condition precedent to the sale. If it is not with the seller, then the sale will not be valid unless the condition stipulated is with respect to future goods but will be only an agreement to sale. In such a condition, the seller will be liable to compensate for any loss to the buyer.An agreement to sell can be defined as the transfer of property in goods that is to take place in future time or the transfer might take place depending on the fulfillment of certain conditions. The same had been defined in Section 4(3). An agreement to sell also becomes a sale when the given time elapses or the conditions that are needed for the transfer to happen get fulfilled. Thus, an agreement to sell establishes the terms and conditions of the offer of a property by the seller to the buyer.[Extracted with edits and revisions from Sale and Agreement to Sell: An Analysis of Statutory Provisions, blog by ipleaders]Q.What is the key difference between a sale and an agreement to sell, as defined in Section 4 of the Sale of Goods Act?a)A sale is conditional, while an agreement to sell is binding.b)A sale involves existing goods, while an agreement to sell can pertain to future goods.c)A sale always requires immediate transfer of property, while an agreement to sell can involve a future transfer.d)A sale is legally binding, while an agreement to sell is not enforceable by law.Correct answer is option 'B'. Can you explain this answer?
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Directions: Read the following passage and answer the question.Section 4 of the Sale of Goods Act, 1930 specifically deals with sale and agreement to sell. It expresses that, firstly, an agreement to sell products is an agreement whereby the merchant moves or consents to move the property in merchandise to the purchaser at a cost. There might be an agreement of offer between one section proprietor and another. Secondly, an agreement to sell might be total or restrictive. Thirdly, where under an agreement to sell, the property in the merchandise is moved from the seller to the buyer, the agreement is known as a sale, yet where the exchange of the property in the products is to happen at a future time or subject to some condition from that point to be satisfied, the agreement is called an agreement to sell. Lastly, an agreement to sell turns into a sale when the time slips by or the conditions are satisfied depending upon which the property in the merchandise is to be moved.Section 4(1) defines sale as a contract, whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price or consideration. Thus, it happens in the present.Such an event of sale is fixed, conditional and binding upon both the parties. A contract of sale is made by an idea to purchase or sell merchandise at a cost and the affirmation of such an offer. The existing goods mostly form the subject of the contract of sale. However, the goods could also be owned or possessed by the seller of future goods.Title is an important condition precedent to the sale. If it is not with the seller, then the sale will not be valid unless the condition stipulated is with respect to future goods but will be only an agreement to sale. In such a condition, the seller will be liable to compensate for any loss to the buyer.An agreement to sell can be defined as the transfer of property in goods that is to take place in future time or the transfer might take place depending on the fulfillment of certain conditions. The same had been defined in Section 4(3). An agreement to sell also becomes a sale when the given time elapses or the conditions that are needed for the transfer to happen get fulfilled. Thus, an agreement to sell establishes the terms and conditions of the offer of a property by the seller to the buyer.[Extracted with edits and revisions from Sale and Agreement to Sell: An Analysis of Statutory Provisions, blog by ipleaders]Q.What is the key difference between a sale and an agreement to sell, as defined in Section 4 of the Sale of Goods Act?a)A sale is conditional, while an agreement to sell is binding.b)A sale involves existing goods, while an agreement to sell can pertain to future goods.c)A sale always requires immediate transfer of property, while an agreement to sell can involve a future transfer.d)A sale is legally binding, while an agreement to sell is not enforceable by law.Correct answer is option 'B'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Directions: Read the following passage and answer the question.Section 4 of the Sale of Goods Act, 1930 specifically deals with sale and agreement to sell. It expresses that, firstly, an agreement to sell products is an agreement whereby the merchant moves or consents to move the property in merchandise to the purchaser at a cost. There might be an agreement of offer between one section proprietor and another. Secondly, an agreement to sell might be total or restrictive. Thirdly, where under an agreement to sell, the property in the merchandise is moved from the seller to the buyer, the agreement is known as a sale, yet where the exchange of the property in the products is to happen at a future time or subject to some condition from that point to be satisfied, the agreement is called an agreement to sell. Lastly, an agreement to sell turns into a sale when the time slips by or the conditions are satisfied depending upon which the property in the merchandise is to be moved.Section 4(1) defines sale as a contract, whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price or consideration. Thus, it happens in the present.Such an event of sale is fixed, conditional and binding upon both the parties. A contract of sale is made by an idea to purchase or sell merchandise at a cost and the affirmation of such an offer. The existing goods mostly form the subject of the contract of sale. However, the goods could also be owned or possessed by the seller of future goods.Title is an important condition precedent to the sale. If it is not with the seller, then the sale will not be valid unless the condition stipulated is with respect to future goods but will be only an agreement to sale. In such a condition, the seller will be liable to compensate for any loss to the buyer.An agreement to sell can be defined as the transfer of property in goods that is to take place in future time or the transfer might take place depending on the fulfillment of certain conditions. The same had been defined in Section 4(3). An agreement to sell also becomes a sale when the given time elapses or the conditions that are needed for the transfer to happen get fulfilled. Thus, an agreement to sell establishes the terms and conditions of the offer of a property by the seller to the buyer.[Extracted with edits and revisions from Sale and Agreement to Sell: An Analysis of Statutory Provisions, blog by ipleaders]Q.What is the key difference between a sale and an agreement to sell, as defined in Section 4 of the Sale of Goods Act?a)A sale is conditional, while an agreement to sell is binding.b)A sale involves existing goods, while an agreement to sell can pertain to future goods.c)A sale always requires immediate transfer of property, while an agreement to sell can involve a future transfer.d)A sale is legally binding, while an agreement to sell is not enforceable by law.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Read the following passage and answer the question.Section 4 of the Sale of Goods Act, 1930 specifically deals with sale and agreement to sell. It expresses that, firstly, an agreement to sell products is an agreement whereby the merchant moves or consents to move the property in merchandise to the purchaser at a cost. There might be an agreement of offer between one section proprietor and another. Secondly, an agreement to sell might be total or restrictive. Thirdly, where under an agreement to sell, the property in the merchandise is moved from the seller to the buyer, the agreement is known as a sale, yet where the exchange of the property in the products is to happen at a future time or subject to some condition from that point to be satisfied, the agreement is called an agreement to sell. Lastly, an agreement to sell turns into a sale when the time slips by or the conditions are satisfied depending upon which the property in the merchandise is to be moved.Section 4(1) defines sale as a contract, whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price or consideration. Thus, it happens in the present.Such an event of sale is fixed, conditional and binding upon both the parties. A contract of sale is made by an idea to purchase or sell merchandise at a cost and the affirmation of such an offer. The existing goods mostly form the subject of the contract of sale. However, the goods could also be owned or possessed by the seller of future goods.Title is an important condition precedent to the sale. If it is not with the seller, then the sale will not be valid unless the condition stipulated is with respect to future goods but will be only an agreement to sale. In such a condition, the seller will be liable to compensate for any loss to the buyer.An agreement to sell can be defined as the transfer of property in goods that is to take place in future time or the transfer might take place depending on the fulfillment of certain conditions. The same had been defined in Section 4(3). An agreement to sell also becomes a sale when the given time elapses or the conditions that are needed for the transfer to happen get fulfilled. Thus, an agreement to sell establishes the terms and conditions of the offer of a property by the seller to the buyer.[Extracted with edits and revisions from Sale and Agreement to Sell: An Analysis of Statutory Provisions, blog by ipleaders]Q.What is the key difference between a sale and an agreement to sell, as defined in Section 4 of the Sale of Goods Act?a)A sale is conditional, while an agreement to sell is binding.b)A sale involves existing goods, while an agreement to sell can pertain to future goods.c)A sale always requires immediate transfer of property, while an agreement to sell can involve a future transfer.d)A sale is legally binding, while an agreement to sell is not enforceable by law.Correct answer is option 'B'. Can you explain this answer?.
Solutions for Directions: Read the following passage and answer the question.Section 4 of the Sale of Goods Act, 1930 specifically deals with sale and agreement to sell. It expresses that, firstly, an agreement to sell products is an agreement whereby the merchant moves or consents to move the property in merchandise to the purchaser at a cost. There might be an agreement of offer between one section proprietor and another. Secondly, an agreement to sell might be total or restrictive. Thirdly, where under an agreement to sell, the property in the merchandise is moved from the seller to the buyer, the agreement is known as a sale, yet where the exchange of the property in the products is to happen at a future time or subject to some condition from that point to be satisfied, the agreement is called an agreement to sell. Lastly, an agreement to sell turns into a sale when the time slips by or the conditions are satisfied depending upon which the property in the merchandise is to be moved.Section 4(1) defines sale as a contract, whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price or consideration. Thus, it happens in the present.Such an event of sale is fixed, conditional and binding upon both the parties. A contract of sale is made by an idea to purchase or sell merchandise at a cost and the affirmation of such an offer. The existing goods mostly form the subject of the contract of sale. However, the goods could also be owned or possessed by the seller of future goods.Title is an important condition precedent to the sale. If it is not with the seller, then the sale will not be valid unless the condition stipulated is with respect to future goods but will be only an agreement to sale. In such a condition, the seller will be liable to compensate for any loss to the buyer.An agreement to sell can be defined as the transfer of property in goods that is to take place in future time or the transfer might take place depending on the fulfillment of certain conditions. The same had been defined in Section 4(3). An agreement to sell also becomes a sale when the given time elapses or the conditions that are needed for the transfer to happen get fulfilled. Thus, an agreement to sell establishes the terms and conditions of the offer of a property by the seller to the buyer.[Extracted with edits and revisions from Sale and Agreement to Sell: An Analysis of Statutory Provisions, blog by ipleaders]Q.What is the key difference between a sale and an agreement to sell, as defined in Section 4 of the Sale of Goods Act?a)A sale is conditional, while an agreement to sell is binding.b)A sale involves existing goods, while an agreement to sell can pertain to future goods.c)A sale always requires immediate transfer of property, while an agreement to sell can involve a future transfer.d)A sale is legally binding, while an agreement to sell is not enforceable by law.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.
Here you can find the meaning of Directions: Read the following passage and answer the question.Section 4 of the Sale of Goods Act, 1930 specifically deals with sale and agreement to sell. It expresses that, firstly, an agreement to sell products is an agreement whereby the merchant moves or consents to move the property in merchandise to the purchaser at a cost. There might be an agreement of offer between one section proprietor and another. Secondly, an agreement to sell might be total or restrictive. Thirdly, where under an agreement to sell, the property in the merchandise is moved from the seller to the buyer, the agreement is known as a sale, yet where the exchange of the property in the products is to happen at a future time or subject to some condition from that point to be satisfied, the agreement is called an agreement to sell. Lastly, an agreement to sell turns into a sale when the time slips by or the conditions are satisfied depending upon which the property in the merchandise is to be moved.Section 4(1) defines sale as a contract, whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price or consideration. Thus, it happens in the present.Such an event of sale is fixed, conditional and binding upon both the parties. A contract of sale is made by an idea to purchase or sell merchandise at a cost and the affirmation of such an offer. The existing goods mostly form the subject of the contract of sale. However, the goods could also be owned or possessed by the seller of future goods.Title is an important condition precedent to the sale. If it is not with the seller, then the sale will not be valid unless the condition stipulated is with respect to future goods but will be only an agreement to sale. In such a condition, the seller will be liable to compensate for any loss to the buyer.An agreement to sell can be defined as the transfer of property in goods that is to take place in future time or the transfer might take place depending on the fulfillment of certain conditions. The same had been defined in Section 4(3). An agreement to sell also becomes a sale when the given time elapses or the conditions that are needed for the transfer to happen get fulfilled. Thus, an agreement to sell establishes the terms and conditions of the offer of a property by the seller to the buyer.[Extracted with edits and revisions from Sale and Agreement to Sell: An Analysis of Statutory Provisions, blog by ipleaders]Q.What is the key difference between a sale and an agreement to sell, as defined in Section 4 of the Sale of Goods Act?a)A sale is conditional, while an agreement to sell is binding.b)A sale involves existing goods, while an agreement to sell can pertain to future goods.c)A sale always requires immediate transfer of property, while an agreement to sell can involve a future transfer.d)A sale is legally binding, while an agreement to sell is not enforceable by law.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Read the following passage and answer the question.Section 4 of the Sale of Goods Act, 1930 specifically deals with sale and agreement to sell. It expresses that, firstly, an agreement to sell products is an agreement whereby the merchant moves or consents to move the property in merchandise to the purchaser at a cost. There might be an agreement of offer between one section proprietor and another. Secondly, an agreement to sell might be total or restrictive. Thirdly, where under an agreement to sell, the property in the merchandise is moved from the seller to the buyer, the agreement is known as a sale, yet where the exchange of the property in the products is to happen at a future time or subject to some condition from that point to be satisfied, the agreement is called an agreement to sell. Lastly, an agreement to sell turns into a sale when the time slips by or the conditions are satisfied depending upon which the property in the merchandise is to be moved.Section 4(1) defines sale as a contract, whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price or consideration. Thus, it happens in the present.Such an event of sale is fixed, conditional and binding upon both the parties. A contract of sale is made by an idea to purchase or sell merchandise at a cost and the affirmation of such an offer. The existing goods mostly form the subject of the contract of sale. However, the goods could also be owned or possessed by the seller of future goods.Title is an important condition precedent to the sale. If it is not with the seller, then the sale will not be valid unless the condition stipulated is with respect to future goods but will be only an agreement to sale. In such a condition, the seller will be liable to compensate for any loss to the buyer.An agreement to sell can be defined as the transfer of property in goods that is to take place in future time or the transfer might take place depending on the fulfillment of certain conditions. The same had been defined in Section 4(3). An agreement to sell also becomes a sale when the given time elapses or the conditions that are needed for the transfer to happen get fulfilled. Thus, an agreement to sell establishes the terms and conditions of the offer of a property by the seller to the buyer.[Extracted with edits and revisions from Sale and Agreement to Sell: An Analysis of Statutory Provisions, blog by ipleaders]Q.What is the key difference between a sale and an agreement to sell, as defined in Section 4 of the Sale of Goods Act?a)A sale is conditional, while an agreement to sell is binding.b)A sale involves existing goods, while an agreement to sell can pertain to future goods.c)A sale always requires immediate transfer of property, while an agreement to sell can involve a future transfer.d)A sale is legally binding, while an agreement to sell is not enforceable by law.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Directions: Read the following passage and answer the question.Section 4 of the Sale of Goods Act, 1930 specifically deals with sale and agreement to sell. It expresses that, firstly, an agreement to sell products is an agreement whereby the merchant moves or consents to move the property in merchandise to the purchaser at a cost. There might be an agreement of offer between one section proprietor and another. Secondly, an agreement to sell might be total or restrictive. Thirdly, where under an agreement to sell, the property in the merchandise is moved from the seller to the buyer, the agreement is known as a sale, yet where the exchange of the property in the products is to happen at a future time or subject to some condition from that point to be satisfied, the agreement is called an agreement to sell. Lastly, an agreement to sell turns into a sale when the time slips by or the conditions are satisfied depending upon which the property in the merchandise is to be moved.Section 4(1) defines sale as a contract, whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price or consideration. Thus, it happens in the present.Such an event of sale is fixed, conditional and binding upon both the parties. A contract of sale is made by an idea to purchase or sell merchandise at a cost and the affirmation of such an offer. The existing goods mostly form the subject of the contract of sale. However, the goods could also be owned or possessed by the seller of future goods.Title is an important condition precedent to the sale. If it is not with the seller, then the sale will not be valid unless the condition stipulated is with respect to future goods but will be only an agreement to sale. In such a condition, the seller will be liable to compensate for any loss to the buyer.An agreement to sell can be defined as the transfer of property in goods that is to take place in future time or the transfer might take place depending on the fulfillment of certain conditions. The same had been defined in Section 4(3). An agreement to sell also becomes a sale when the given time elapses or the conditions that are needed for the transfer to happen get fulfilled. Thus, an agreement to sell establishes the terms and conditions of the offer of a property by the seller to the buyer.[Extracted with edits and revisions from Sale and Agreement to Sell: An Analysis of Statutory Provisions, blog by ipleaders]Q.What is the key difference between a sale and an agreement to sell, as defined in Section 4 of the Sale of Goods Act?a)A sale is conditional, while an agreement to sell is binding.b)A sale involves existing goods, while an agreement to sell can pertain to future goods.c)A sale always requires immediate transfer of property, while an agreement to sell can involve a future transfer.d)A sale is legally binding, while an agreement to sell is not enforceable by law.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Directions: Read the following passage and answer the question.Section 4 of the Sale of Goods Act, 1930 specifically deals with sale and agreement to sell. It expresses that, firstly, an agreement to sell products is an agreement whereby the merchant moves or consents to move the property in merchandise to the purchaser at a cost. There might be an agreement of offer between one section proprietor and another. Secondly, an agreement to sell might be total or restrictive. Thirdly, where under an agreement to sell, the property in the merchandise is moved from the seller to the buyer, the agreement is known as a sale, yet where the exchange of the property in the products is to happen at a future time or subject to some condition from that point to be satisfied, the agreement is called an agreement to sell. Lastly, an agreement to sell turns into a sale when the time slips by or the conditions are satisfied depending upon which the property in the merchandise is to be moved.Section 4(1) defines sale as a contract, whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price or consideration. Thus, it happens in the present.Such an event of sale is fixed, conditional and binding upon both the parties. A contract of sale is made by an idea to purchase or sell merchandise at a cost and the affirmation of such an offer. The existing goods mostly form the subject of the contract of sale. However, the goods could also be owned or possessed by the seller of future goods.Title is an important condition precedent to the sale. If it is not with the seller, then the sale will not be valid unless the condition stipulated is with respect to future goods but will be only an agreement to sale. In such a condition, the seller will be liable to compensate for any loss to the buyer.An agreement to sell can be defined as the transfer of property in goods that is to take place in future time or the transfer might take place depending on the fulfillment of certain conditions. The same had been defined in Section 4(3). An agreement to sell also becomes a sale when the given time elapses or the conditions that are needed for the transfer to happen get fulfilled. Thus, an agreement to sell establishes the terms and conditions of the offer of a property by the seller to the buyer.[Extracted with edits and revisions from Sale and Agreement to Sell: An Analysis of Statutory Provisions, blog by ipleaders]Q.What is the key difference between a sale and an agreement to sell, as defined in Section 4 of the Sale of Goods Act?a)A sale is conditional, while an agreement to sell is binding.b)A sale involves existing goods, while an agreement to sell can pertain to future goods.c)A sale always requires immediate transfer of property, while an agreement to sell can involve a future transfer.d)A sale is legally binding, while an agreement to sell is not enforceable by law.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Read the following passage and answer the question.Section 4 of the Sale of Goods Act, 1930 specifically deals with sale and agreement to sell. It expresses that, firstly, an agreement to sell products is an agreement whereby the merchant moves or consents to move the property in merchandise to the purchaser at a cost. There might be an agreement of offer between one section proprietor and another. Secondly, an agreement to sell might be total or restrictive. Thirdly, where under an agreement to sell, the property in the merchandise is moved from the seller to the buyer, the agreement is known as a sale, yet where the exchange of the property in the products is to happen at a future time or subject to some condition from that point to be satisfied, the agreement is called an agreement to sell. Lastly, an agreement to sell turns into a sale when the time slips by or the conditions are satisfied depending upon which the property in the merchandise is to be moved.Section 4(1) defines sale as a contract, whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price or consideration. Thus, it happens in the present.Such an event of sale is fixed, conditional and binding upon both the parties. A contract of sale is made by an idea to purchase or sell merchandise at a cost and the affirmation of such an offer. The existing goods mostly form the subject of the contract of sale. However, the goods could also be owned or possessed by the seller of future goods.Title is an important condition precedent to the sale. If it is not with the seller, then the sale will not be valid unless the condition stipulated is with respect to future goods but will be only an agreement to sale. In such a condition, the seller will be liable to compensate for any loss to the buyer.An agreement to sell can be defined as the transfer of property in goods that is to take place in future time or the transfer might take place depending on the fulfillment of certain conditions. The same had been defined in Section 4(3). An agreement to sell also becomes a sale when the given time elapses or the conditions that are needed for the transfer to happen get fulfilled. Thus, an agreement to sell establishes the terms and conditions of the offer of a property by the seller to the buyer.[Extracted with edits and revisions from Sale and Agreement to Sell: An Analysis of Statutory Provisions, blog by ipleaders]Q.What is the key difference between a sale and an agreement to sell, as defined in Section 4 of the Sale of Goods Act?a)A sale is conditional, while an agreement to sell is binding.b)A sale involves existing goods, while an agreement to sell can pertain to future goods.c)A sale always requires immediate transfer of property, while an agreement to sell can involve a future transfer.d)A sale is legally binding, while an agreement to sell is not enforceable by law.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CLAT tests.
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