It is the partner`s duty not to transfer his property without the consent of his partner. The buyer`s bankruptcy: the seller must deliver the goods to the assignee or the beneficiary of the administration and may demand an interest dividend at the purchase price, the property is handed over to the buyer on site. While in accordance with the sale, the property will be transferred later in the future. A sales agreement is an agreement by which goods will be transferred in the future. It is defined in Section 4[3] of the SGA. A sale agreement is put up for sale if the actual sale of the goods is made on the terms specified. Remediation in the event of a breach of contract The seller has the right to sue the price of the goods and also has a right to pledge, interruption of shipping and resale. A purchase agreement is an agreement to sell a property in the future. This agreement sets out the conditions under which the property in question is transferred. The sales contract is for sale when time runs out or if the conditions under which ownership of the goods must be transferred are met. In this context, we would discuss the main differences between the two documents.

Agreement between the people who form a partnership is necessary for the creation of a partnership. A contract is a private agreement between the parties involved. It clearly shows us the characteristics of a capitalist market. In order to encourage/regulate commercial transactions under these market conditions, the colonial government arrived in 1872 with the Indian Contract Act. [1] The Indian Contract Act is considered the mother of contract governance in India. It determines how contracts should be concluded and what type of consideration is valid. It also regulates the sale and the sale agreement. There is a significant difference between the sale and the sales agreement. This article will address this difference. Let`s look at the statutes and provisions that deal with the difference. Sale Of this type, the seller who has been paid for the goods cannot resell those goods even if they are in his possession. Sale Agreement In accordance with the sale, if the seller resells, the buyer can only sue him for breach.

In the sale agreement, the parties agree to exchange the goods for a price that depends on compliance with certain conditions at a later date. In the future, a sale agreement is to be promised that the property will be transferred to the rightful owner, while the value of the sale is the actual transfer of the buyer`s property. “Any sales contract that is not a registered promotion (nature of sale) would fall short of the provisions of section 54 and 55 of the Transfer of Ownership Act and would not confer ownership and would not transfer any right to purchase property (except for the limited right granted under Section 53A of the Transfer of Ownership Act).” The essence of the sales contract is as follows: the signing of a sales contract becomes important taking into account several factors.