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HANDBOOK

OF

THE LAW OF SALES

SECOND EDITION

CHAPTER I.

FORMATION OF THE CONTRACT.

1-4. In General.

5. Sale Distinguished from Other Transactions.
Capacity of Parties.

6-7.

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1. SALE OF GOODS. A sale of goods is an agreement whereby one party, called the seller, transfers the property in goods to the other party, called the buyer, for a price in money, which the buyer pays or agrees to pay.1

1 Following, substantially, Sales Act, § 1 (2). Cf. Sale of Goods Act, $ 1.

The following are some of the definitions of "sale": "A transmutation of property from one man to another in consideration of some price." 2 Bl. Comm. 446. "A contract for the transfer of property from one person to another for a valuable consideration." 2 Kent, TIFF.SALES (2d Ed.)—1

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