1. Explain the purpose of the Sales of Goods act in relation to the obligations of the parties to a sale of goods transaction.

2. What three conditions must be met before the Sale of Goods Act applies to a transaction.

3.What is the distinction between a sale and an agreement to sell? What is the significance of that distinction?

4.When does the risk transfer the buyer in a sale of goods transaction? Explain the exceptions to this general rule.