Sec. 32. In General

The title to personal property may be transferred by sale from one owner to another.

By the word "sale" we mean the transfer of ownership of personal property from one person to another for a consideration called the price. By a contract to sell we mean a contract to make such a sale. When ownership passes from one person to another, we say that title passes. There are a number of rules for determining when this title passes, the two basic rules being that title to future goods and to unascertained goods cannot pass; and that when the goods are ascertained, title passes according to the intention of the parties; there being a number of rules designed to arrive at that intention. As a separate volume in this series is devoted to Sales of Personal Property, further discussion is not made here.