Elements Of A Sale Agreement

Because for example. B were associated with A and B. After a few years, the company was dissolved. At the time of dissolution, some assets were distributed among all partners. Such a distribution of goods between partners is not a sale. Attention in particular to the following elements: The price is the counter-performance for a sale of goods. The consideration for a sales contract must take the form of money. Barter is used when the consideration takes the form of goods. This method was used before the spread of money. For example, A agreed to sell B wheat plants grown in his fields. A and B agreed that B could cut the crop and withdraw it against payment of the price. Since the crop grown is included in the term “commodity”, this is a valid sales contract.

I work in a pvt Ltd. Co. As part of an agreement. Co.