When a contract to sell is signed by two parties, a sale is said to have taken place.

Name: When a contract to sell is signed by two parties, a sale is said to have taken place.
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

A contract to sell signifies an agreement where the transfer of property in goods is to take place at a future date or subject to some condition thereafter, and does not constitute an immediate sale.

When a Contract to Sell Is Signed by Two Parties