“sales contract” is defined by the following:
(1) A contract is a sales contract if under it—
- the trader transfers or agrees to transfer ownership of goods to the consumer, and
- the consumer pays or agrees to pay the price.
(2) A contract is a sales contract (whether or not it would be one under subsection (1)) if under the contract—
- goods are to be manufactured or produced and the trader agrees to supply them to the consumer,
- on being supplied, the goods will be owned by the consumer, and
- the consumer pays or agrees to pay the price.
(3) A sales contract may be a “conditional sales contract” and it makes no difference whether or not the consumer possesses the goods.