Wednesday, February 17, 2016

SGA [slide-17]

Kinds of Contract
Under the sale a of goods act 1979 basically we are concern about two types of contract :
1. A contract of sale.
2. An agreement to sell.
A contract of sale (instant selling):
Example: A wants to sell his house to B and B buys his house in this moment. And A also sells his house right now. This is instant selling.
An agreement to sell (future selling):
Example: A sells his house to B and B buys his house in future. And A also sells his house future. This is future selling.

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