• 5 Marks

BL – Nov 2013 – L1 – SB – Q3a – Sale of Goods

Stating five essential elements of a sale of goods contract.

In a contract of sale of goods, the seller must transfer to the buyer goods bought, and the goods must have certain qualities.

You are required to:
State FIVE essential elements of a contract of sale of goods.

The essential elements in a contract of sale of goods are:

  1. A seller who is an owner of the goods.
  2. A buyer who is capable of buying.
  3. Goods which are moveable or severable.
  4. Transfer of property, but not necessarily possession.
  5. Price, in the form of money or otherwise
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