| Commentary

153 Sales contract

| Commentary

153 Sales contract

A sales contract is a contract where the trader transfers (or agrees to transfer) ownership of goods to the consumer and the consumer agrees to pay the price1.

A contract is also a sales contract where2:

  1. 153.1

        goods are to be manufactured or produced and the trader agrees to supply them to a consumer;

  2. 153.2

        on being supplied, the consumer will own the goods; and

  3. 153.3

        the consumer agrees to pay the price3.

For a sales contract to be conditional means that the sales contract provides that the price for the

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