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A contract to sale contingent goods is:
Sale
Agreement to sale
Contingent sale
Contingent agreement
- Sale:
- A sale is a transfer of ownership immediately upon the agreement.
- The seller and buyer exchange goods and consideration at the moment of agreement.
- Agreement to Sale:
- An agreement to sell refers to a future contract.
- The ownership will transfer at a later date upon fulfillment of specified conditions.
- This is the case for contingent goods, where the sale depends on certain conditions being met.
- Contingent Sale:
- This term is not commonly used in formal contract law.
- It could be misinterpreted as any sale dependent on conditions.
- Contingent Agreement:
- This term suggests an agreement dependent on uncertain events.
- It's not a standard term like "agreement to sale."
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