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Distinction between a sale and an agreement to sale.

Basically there are 6 parameters and based on those parameters we will distuct a sale from an agreement to sale. Let’s discuss about the 6 parameters:

  1. * ↩︎
  1. Transfer of
  2. Transfer of ownership
  3. Remedial measure 1.legally binding and the buyer can seek remedies for breach.2.creates an obligation and failure to fulfill may result in damage
  4. Nature of contract
  5. Insolvency
  6. Transfer of price

I think this will help to know that what is a sale and an agreement to sale. Also the basic distinction between them.

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