SALES

1. Distinguish ownership and possession of personal property.

2. May title and possession of personal property be in different places?

3. Define sale.

4. How does a sale differ from a contract to sell?

5. A promises to deliver a car of coal to B the following month in consideration of B's promise to pay A $300.00 upon delivery of the coal. Is the transaction a sale or a contract to sell?

6. In a contract to sell, if the property is destroyed by fire before the property is delivered, who stands the loss?

7. Distinguish barter from sale.

8. A agrees to deliver to B one hundred bushels of apples for twenty tons of coal at $5.00 per ton. Is the transaction a sale or a barter?