Conditional Sale

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August 25, 2024 3 min read Definitions
Conditional Sale: An Overview of the Concept
Finance Law Economics Conditional Sale Title Transfer Possession Payment Terms Purchase Agreement
A conditional sale involves a transaction where the vendee gains possession and use of goods while the title transfer is contingent upon specific conditions, typically full payment of the purchase price. It may also refer to a purchase accompanied by a resale agreement under certain terms.
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