Sale

{
  "id": "MLC-T-LAW-004382",
  "term": "Sale",
  "field": "Law",
  "definitions": [
    "A contract between two or more parties for the transfer of ownership of goods or property from a seller to a buyer for an agreed-upon price. The Uniform Commercial Code (UCC) governs the sale of goods in the United States, outlining specific rules for contract formation, performance, and remedies for breach.",
    "Transactions involving the transfer of ownership of goods or property from one party to another in exchange for a price. These agreements create legal obligations for both the seller to deliver the goods and the buyer to pay the agreed-upon consideration. The Uniform Commercial Code (UCC) Article 2 governs the sale of goods in most U.S. jurisdictions, establishing rules for contract formation, performance, and remedies for breach."
  ],
  "url": "https://mlchart.com/terminology/law/sale/"
}