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(a) Parties are invariably the buyer and the seller. The seller sells or agrees to sell while the buyer buys or agrees to buy goods.
(b) Transfer or passing of property from the seller to the buyer. Property in goods must pass from the seller to the buyer.
(c) It always involves goods for example, personal chattels, emblements industrial growing, crops among others.
(d) It is characterized by price. This is the consideration provided by the buyer to support the contract. It must be monetary in character.
(e) The contract may be oral, written or implied from conduct of the parties.
(f) Both parties must have the requisite capacity.
maurice.mutuku answered the question on April 28, 2018 at 13:07
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