Conditional sale contract financial definition of Conditional sale contract
contract of sale (redirected from Conditional sale contract)
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contract of sale a CONTRACT under which the SELLER of a product transfers or agrees to transfer the product to the BUYER of the product for a money consideration. Contracts of sale contain various terms or conditions on which the product is to be supplied including, typically, product descriptions, qualities, quantities, delivery dates and prices. Remedies for breach of contract can be sought through the Courts. See SALE OF GOODS ACTS 1979,1962.
References in periodicals archive
21) All of these cases involved the use of a conditional sale contract
The analog microfiche business will be divested as planned and a conditional sale contract
has been entered into; and
9% APR** finance when purchasing on either Personal Contract Purchase, or Conditional Sale contracts
over 36 months.