A Agreement For Sale Of Future Goods

9 If, at the time of the contract, there is a contract for the sale of certain goods, the merchandise is without the seller`s knowledge at the time of the contract. R.S., circa 408, 9. 12 (1) If there is an agreement to sell goods on the terms that the price must be set by the valuation of a third party and that third party cannot or cannot make such an assessment, the agreement is avoided, provided that the property or part of it has been delivered to the buyer and acquired by the buyer must pay a reasonable price. (b) the validity of a sales contract under a particular common law or legal power to sell or on the orders of a competent court. R.S., about 408, 25. 23 Unless otherwise agreed, the goods remain on the seller`s risk until the property contained it is transferred to the buyer, but if the property contained in it is transferred to the buyer, the risk of the goods arises, whether the delivery has been made or not, provided that in the event of a delay in delivery due to the fault of the buyer or seller. , the property be transferred to the buyer who may not have occurred for such a fault, and provided that nothing in this section affects the obligations or commitments of the seller or buyer as a lease of goods of the other party. R.S., circa 408, 23. 38 Unless there is a contrary agreement, the buyer, if the goods are delivered to the buyer and the buyer refuses to accept it, is not obliged to return it to the seller, but it is sufficient for the buyer to tell the seller that he refuses to accept it. R.S., circa 408, 38. 16 If there is a contract for the sale of goods by description, there is an implied condition for the goods to comply with the description and, if the sale is made in the form of both drawing and description, it is not sufficient for most goods to match the sample if the goods do not fit the description.

R.S., about 408, 16. (4) A sale agreement becomes a sale if time runs out or if the conditions under which ownership of the goods are to be transferred are met.