Sales of Goods Act, 1930
The Sales of Goods Act, 1930 is a mercantile law that was enacted on 5th March 1930 to amend and define the laws related to the Sales of Goods. This framework was later adopted by the Government of Pakistan as a piece of legislation after partition. The Act defines the term ‘Sale’ as a contract in which a party (seller) transfers or agrees to transfer a property in good to the other party (buyer) against a price. Price as defined under this Act is the money consideration for sale of a good.
