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SALE OF GOODS ACT 1979
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PART I?? CONTRACTS TO WHICH ACT APPLIES
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1.??? Contracts to which Act applies
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(1)?? This Act applies to contracts of sale of goods made on or after (but not to those made before) 1 January 1894.
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(2)?? In relation to contracts made on certain dates, this Act applies subject to the modification of certain of its sections as mentioned in Schedule 1 below.
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(3)?? Any such modification is indicated in the section concerned by a reference to Schedule 1 below.
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(4)?? Accordingly, where a section does not contain such a reference, this Act applies in relation to the contract concerned without such modification of the section.
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PART II?? FORMATION OF THE CONTRACT
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Contract of sale
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2.??? Contract of sale
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(1)?? A contract of sale of goods is a contract by which the seller transfers or agrees to transfer the property in goods to the buyer for a money consideration, called the price.
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(2)?? There may a contract of sale between one part owner and another.
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(3)?? A contract of sale may be absolute or conditional.
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(4)?? Where under a contract of sale the property in the goods is transferred from the seller to the buyer the contact is called a sale.
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(5)?? Where under a contract of sale the transfer of the property in the goods is to take place at a future time or subject to some condition later to be fulfilled the contract is called an agreement to sell.
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(6)?? An agreement to sell becomes a sale when the time elapses or the conditions are fulfilled subject to which the property in the goods is to be transferred.
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3.??? Capacity to buy and sell
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(1)?? Capacity to buy and sell is regulated by the general law concerning capacity to contract and to transfer and acquire property.
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(2)?? Where necessaries are sold and delivered to a minor or to a person who by reason of mental incapacity or drunkenness is incompetent to contract, he must pay a reasonable price for them.
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(3)?? In subsection (2
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