In the sales contract, the exchange of goods is immediate. ยง 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. Here, the seller has the right to sue the price. Thus, the term “condition” could be more associated with the immediate sale, while the term “guarantee” could rather be linked to the sales agreement. Subsequently, we will also find that section 13 of that law is also inclined to the sales agreement, since it stipulates that a condition could be treated as a guarantee. As a result, the price of the goods themselves decreases and the seller suffers the risk of suffering the loss. However, if the goods or part thereof are delivered and acquired by the buyer, the buyer is obliged to pay a reasonable price to the seller.
One could conclude that one is an immediate act, while the other is a future act. Sales contract: A sales contract is called a sales contract if the transfer of ownership of the goods is to take place on a future date or in compliance with certain conditions. A sales agreement becomes a sale only when ownership of the goods is transferred to the buyer under the contract itself.3 Sale: The sales contract is called a sale if the seller agrees to transfer ownership of the goods to the buyer for remuneration. A sale transaction is a transaction consisting of an agreement to sell, hand over the property, deliver goods and pay the price, costs and transportation costs. 1 The nature of a sale is the transfer of ownership in a thing from one person to another. 2 a right of pledge on the goods at the price, as long as they are in possession of it; in the event of the buyer`s insolvency, a right to stop the goods in transit after refusing to possess the goods; a right to resale, as limited by this Act. The rights of an unpaid seller to a sale have been clearly established in Article 46(1) of the Law. An unpaid seller of goods has the following rights in the event of a sale under the law: – In this case, it was found that there was a violation of the implied condition concerning the title on which the sale and the agreement of sale were based. The buyer therefore has the right to recover the entire purchase price, even though he has used the car for four months. The statement of reasons for the judgment was that the seller`s consideration had completely failed because of the existence of a breach of condition.
All the conditions that are remembered for the understanding of the sale must be implemented by both parties as a whole and respected throughout the commercial procedure until the date of the deed of sale. Therefore, a sales agreement is a basic document on which the deed of sale is drawn up. In other words, the sales agreement can be qualified as confirmation of the future event that may take place depending on compliance with the conditions set out in this Decision. . . .