Discuss the major elements of the Sales of goods act 1930.

From the Sale of Goods Act, 1930, we see that certain elements must co-exist for a contract of sale to be constituted. they are as follows:

• The presence of two parties is a must. As is the case with a contract, there must be at least two parties in the contract of sale. One shall become the seller and the other a buyer.
• The clauses therein present in the contract of sale must limit their scope to only the movable property. This “movable property” may constitute existing goods, goods in the possession or the ownership of the seller or future goods.
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