Multiple choice

Contract of sale includes both a sale and agreement to sell

  1. True

  2. False

  3. Partly true

  4. Cannot say
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

A contract of sale is a legal category encompassing both completed sales (where property has transferred) and agreements to sell (where property transfer is to occur in the future). This distinction is fundamental to sales law. A completed sale transfers ownership immediately, while an agreement to sell creates obligations for future transfer.

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