An agreement whereby the seller transfers the title to goods at a price is called?

An agreement between a buyer and a seller, in which the seller transfers the ownership of goods to the buyer in exchange for an agreed price, is called a "contract of sale." It is a legal document that defines the terms and conditions of the sale, such as the quantity, quality, price, and delivery of goods. In simpler terms, a contract of sale is a formal agreement between a seller and a buyer that outlines the specific details of a transaction involving the purchase and sale of goods. It is a crucial document that protects the rights and interests of both parties and ensures that the transaction is carried out in a fair and transparent manner. Examples of a contract of sale include the purchase of a car, a house, or any other type of product or service. In each case, the contract of sale would outline the terms of the agreement, including the price, delivery date, and any warranties or guarantees. In summary, a contract of sale is a legal agreement that sets out the terms and conditions of a transaction involving the purchase and sale of goods, and is an essential document in any commercial transaction.