Unit III · Law of Contract – II
| Act / instrument | Section | Name |
|---|---|---|
| Sale of Goods Act, 1930 | 2(7) | Goods |
| Sale of Goods Act, 1930 | 4 | Sale and agreement to sell |
| Sale of Goods Act, 1930 | 5 | Contract of sale how made |
| Sale of Goods Act, 1930 | 6–8 | Existing, future and perishing goods |
AIR 1968 SC 741 · Supreme Court of India
A contract is a sale only if property in goods is transferred or agreed to be transferred for a price; a mere agreement to transfer later remains an agreement to sell.
(1857) 7 E & B 885 · Queen's Bench
Where unascertained goods are later appropriated with the assent of both parties, a contract of sale is completed.