Hire-Purchase and Credit Sale - Sales of good, Business Law and Ethics

Hire-Purchase and Credit Sale - Sales of good

A Credit sale is a sale on credit. Whether A buyer of goods may be unable for pay the price in full on once and the seller may let such him have possession about the goods before payment in full. Whether it is open to the seller to give credit with the buyer on whatever terms although once the owner parts possession relates the goods ownership passes immediately such to the buyer and the owner loses just all his rights against the goods.

However A sale on credit terms becomes a credit sale such like the price on the goods is payable through five or more installments. Although the property in this case passes at  payment of the first installment and like the owner loses his rights against the goods. The meaning of this is that the purchaser can give a good title such to a subsequent purchase even where that the original purchaser himself has like not yet completed the purchase so.

Posted Date: 2/1/2013 5:35:38 AM | Location : United States







Related Discussions:- Hire-Purchase and Credit Sale - Sales of good, Assignment Help, Ask Question on Hire-Purchase and Credit Sale - Sales of good, Get Answer, Expert's Help, Hire-Purchase and Credit Sale - Sales of good Discussions

Write discussion on Hire-Purchase and Credit Sale - Sales of good
Your posts are moderated
Related Questions
Question: (a) Ethics is the set of moral principles by which people conduct themselves personally, socially, or professionally. Critically analyze the basic ethical values

General Partner - Liability of Partners The General partner's liability extends for the whole of the debts to the partnership. Thus he is jointly with the other partners. Conv

Duty of an auditor: The duty of an auditor generally was very carefully considered by this court in RE: LONDON AND GENERAL BANK (1895) and I cannot usefully add anything to wh

QUESTION 1 Discuss the legislative framework governing employment law in Mauritius. QUESTION 2 Pam works as a technician at Continent Ltd. During the few past weeks, Pa

Question 1: (a) Discuss the powers and duties of the employer under the Employment Rights Act 2008? (b) Discuss the powers and duties of the worker under the Employme

What is the major issue concerning the international law The major issue concerning the international law is its implementation within the domestic system. A State can enforce

QUESTION 1 Successful Contract Administration requires the preparation of a good contract management plan. Describe the steps undertaken to prepare such a plan? QUESTION 2

QUESTION Chain of custody in evidence collection is a very important document when it comes to presenting a computer forensic case in the court of law i. Explain the term c

Theoretical foundations of international policy coordination Policy process more from a domestic perspective. If a country is small one can assume away any spillover effects th

Money Lent: According to the decision in Re: David Payne & Co Ltd (23), a person lending money to a company is not bound to enquire as to why the company requires the money. H