11 Levture
11 Levture
11 Levture
Two Parties
Buyer
and seller
e.g winding up of partnership firm)
Price
Barter
Movable goods
Property
AGREEMENT TO SELL
or
Transfer of property
Immediate
Future
Type of goods
- existing/specific goods
- future/ contingent goods
Risk of loss
With ownership
Consequences of Breach
Right to Re-sell
Insolvency of buyer
Insolvency of seller