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The Sale of Goods, 3rd Edition by Bridge, M G (1st January 2014)

2 Definition and Subject Matter of the Sale of Goods Contract

From: The Sale of Goods (3rd Edition)

M G Bridge

Subject(s):
Definition of goods — Passing of property — Payment of price — Formation of contract
2.01 Section 2(1) defines a sale of goods contract for the purpose of the Act as one ‘whereby the seller transfers or agrees to transfer the property in the goods for a money consideration called the price’. Sale is to be distinguished from other contracts in that it involves the transfer of ownership (that is, the property) in goods (as opposed to other items) for money (as opposed to some other type of consideration). Ownership is a notion that should be treated with some care in personal property law. For present purposes, 1 it may be seen as the best available...
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