Mohammad Asif

contract-of-sale-nature-definition-and-essential-elements

Contract of Sale: Nature, Definition, and Essential Elements

Akhlaqur Rahman

Contracts for the sale of goods form the backbone of commercial transactions, underpinning the exchange of products and services in both domestic and international trade. The legal framework governing these contracts is critical in ensuring that parties adhere to their obligations and in providing remedies when breaches occur. In India, the Sale of Goods Act, 1930, complemented by the Indian Contract Act, 1872, outlines the rights and responsibilities of sellers and buyers, as well as the remedies available in cases of breach.

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