*A contract of sale of goods is a contract where by the seller agrees to transfer the property in goods to the buyers for a price.
*In the agreement to sell, the property in goods is transferred to the buyer, when the agreement to sell becomes actual sale.
contract- here buyer is the true owner of the goods
agreement-here the seller is the true owner of the good
contract- loss is born by buyer
agreement-loss is borned by seller
contract- seller cannot resell the goods to a third party
agreement-the seller can sell the goods to a third party however he can be liable to compensate previous buyer
-------------------------------------------------------------------------------------------------------------------------
Condition- it is the essential purpose of contract, in the sale of good acts 1930. the breach condition give the aggrieved party right to repudiate the contracts and also to claim damages
if A sells his horse to B and gives B a condition that the horse will run 20 kmph. But after a while a horse started running at 8 kmph. So be can return the horse to A .
Warranty-A warranty is only collateral to the main purpose of the contracts
if A sell his horse to B and gives B a warranty that the horse will run 20kmph. But after a while the horse started running at 8 kmph. Now a cannot to anything he only can claim for it
------------------------------------------------------------------------------------------------------------------------
*In the agreement to sell, the property in goods is transferred to the buyer, when the agreement to sell becomes actual sale.
contract- here buyer is the true owner of the goods
agreement-here the seller is the true owner of the good
contract- loss is born by buyer
agreement-loss is borned by seller
contract- seller cannot resell the goods to a third party
agreement-the seller can sell the goods to a third party however he can be liable to compensate previous buyer
-------------------------------------------------------------------------------------------------------------------------
Condition- it is the essential purpose of contract, in the sale of good acts 1930. the breach condition give the aggrieved party right to repudiate the contracts and also to claim damages
if A sells his horse to B and gives B a condition that the horse will run 20 kmph. But after a while a horse started running at 8 kmph. So be can return the horse to A .
Warranty-A warranty is only collateral to the main purpose of the contracts
if A sell his horse to B and gives B a warranty that the horse will run 20kmph. But after a while the horse started running at 8 kmph. Now a cannot to anything he only can claim for it
------------------------------------------------------------------------------------------------------------------------
No comments:
Post a Comment