BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The word owner refers to a legal right of possession and the word title refers to the instrument that constitutes the evidence of such legal right, which is located in the ownership registry of the applicable jurisdiction in which the patent is registered.

Detailed explanation-2: -Definition: A document that signifies that a person or organisation has sold goods to another person or customer is called bill of sale. It is regarded as a legal document and can be used as a valid proof in all legal matters. It also signifies that the ownership of goods has been transferred to another party.

Detailed explanation-3: -(1) A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price. There may be a contract of sale between one part-owner and another. (2) A contract of sale may be absolute or conditional.

Detailed explanation-4: -Such a contract of sale may be absolute or conditional. Absolute contract is without any conditions. Conditional contract may be a contract with condition precedent or condition subsequent. When a condition is to be first performed before an agreement to sell would become a sale, the condition is a condition precedent.