Sale contracted

Question ID: 28756
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How is a sale contracted?

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Asked on May 9, 2008 12:00 am
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A sale is contracted with offer and acceptance, which is effected in the past tense (i.e. the words used for offer and acceptance is to be in the past tense). It will be as though one of the transactors (contractors) is saying : “I sold (this article) to you” and the other is saying “I have bought it from you” (Kitaabul Buyoo).

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Answered on May 9, 2008 12:00 am