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Vigie Abinsay
on Dec 16, 2024

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The sale of goods anticipates the transfer of possession but not necessarily property rights from the seller to the purchaser.

Transfer of Possession

The act of handing over control or ownership of an item or property from one party to another.

Property Rights

The legal rights to own, use, and dispose of assets including real property and intellectual property.

Purchaser

An individual or entity that buys goods or services for personal use, commercial use, or resale.

  • Comprehend the nuances of transferring possession and property rights in sales transactions.
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IB
India BryantDec 17, 2024
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