The Difference Between a Sale and a Contract to Sell

question 13

Multiple Choice

The difference between a sale and a contract to sell is that:

• A) a sale involves an immediate transfer of title from one party to another while a contract to sell does not.
• B) a sale always requires the price to be paid up front by the seller while a contract does not.
• C) a contract to sell involves the immediate transfer of title from one party to another while a sale does not.
• D) a contract always requires the price to be paid up front by the seller while a sale does not.

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Definitions:

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Businesses that buy goods in large quantities from manufacturers and then resell them in smaller quantities to retailers or other businesses.

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