Definition of Section 5 of Sale of Goods Act According to the Government of India
Section 5 of Sale of Goods Act: Contract of sale how made.— (1) A contract of sale is made by an offer to buy or sell goods for a price and the acceptance of such offer. The contract may provide for the immediate delivery of the goods or immediate payment of the price or both, or for the delivery or payment by instalments, or that the delivery or payment or both shall be postponed.
(2) Subject to the provisions of any law for the time being in force, a contract of sale may be made in writing or by word of mouth, or partly in writing and partly by word of mouth or may be implied from the conduct of the parties.
Section 8 of Sale of Goods Act - Goods perishing before sale but after agreement to sell Section 7 of Sale of Goods Act - Goods perishing before making of contract Section 6 of Sale of Goods Act - Existing or future goods Section 4 of Sale of Goods Act - Sale and agreement to sell Section 3 of Sale of Goods Act - Application of provisions of Act 9 of 1872 Section 2 of Sale of Goods Act - Definitions