The difference between a sale and a contract to sell is that:
A)a sale involves an immediate transfer of title from one party to another while a contract to sell does not.
B)a sale always requires the price to be paid up front by the seller while a contract does not.
C)a contract to sell involves the immediate transfer of title from one party to another while a sale does not.
D)a contract to sell involves the immediate transfer of cash to the seller while a sale does not.

Question

Quizplus · Accepted Answer

A sale involves the immediate transfer of ownership (title) from the seller to the buyer, whereas a contract to sell signifies an agreement to transfer ownership at a future date, contingent upon certain conditions being met.

The Difference Between a Sale and a Contract to Sell