Uniform Sales Act of 1906

Section 1. Contracts to Sell and Sales.—

  1. A contract to sell goods is a contract whereby the seller agrees to transfer the property in goods to the buyer for a consideration called the price.

  2. A sale of goods is an agreement whereby the seller transfers the property in goods to the buyer for a consideration called the price.

  3. A contract to sell or a sale may be absolute or conditional.

  4. There may be a contract to sell or a sale between one part owner and another.