Question

Distinction between the ‘sale’ and ‘agreement to sell’ is necessary to determine

• A. Rights and liabilities of the parties
• B. Nature of goods
• C. Description of property
• D. Price

Hint:

Sale vs agreement to sell mainly decides who bears risk and responsibility.

Answer 1

The Correct Option is A

Step 1: Sale and agreement to sell.
Under the Sale of Goods Act, 1930, a sale results in immediate transfer of ownership, whereas an agreement to sell contemplates a future transfer.
Step 2: Legal consequences.
The distinction determines when ownership passes, who bears the risk, and what remedies are available upon breach.
Step 3: Importance of the distinction.
These factors directly affect the rights and liabilities of the buyer and seller.
Step 4: Conclusion.
Thus, the correct answer is (A) Rights and liabilities of the parties.