Mark agreed to sell his horse to Henry for $1,000.The contract required Mark to take the horse on that same day to Idlewild Stables where Henry was going to board the horse.Henry paid Mark the money,patted the horse and said,"I'm glad you're mine,you beauty," and drove off.Mark then led the horse into the trailer and set off for the two-hour drive to Idlewild.Has there been a sale?

Question

Quizplus · Accepted Answer

The contract required Mark to take the horse to Idlewild Stables, and until the horse is delivered there, the sale is not complete. Payment alone does not constitute a completed sale.

Mark Agreed to Sell His Horse to Henry for $1,000