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
Order for compulsory liquidation: The Official Receiver also calls separate meetings of creditors and of contributories within one month of the order for liquidation: s.236.

Change of Business Name:  Section 17(4) of the Registration of Business Names Act provides that if - (a)     any company is, through inadvertence or otherwise, registered un

Who would think a documentary about the collapse of a mammoth corporation could play out like a drama with the emotional power of Greek tragedy? But that is the impact of enroll:th

As you have already learned during your tenure at Midwest Valueland (MV) and from exposure to business news, it is not unusual for leaders and managers to encounter ethical situati

Drawee - Negotiable Instruments There following points concerning to the drawee should be noted. Through S.4(2) (a) provides that: like; (i) The drawee is dead or might bankr

State Article 8 of Universal Declaration of Human Rights. Article 8 - 'Everyone has a  right to  an  effective  remedy by  the  competent national tribunal for acts violating t

What is the difference between an express term and an implied term? Provide me with an example of each.

Determine the role of Policy entrepreneurs These couplings are made, Kingdon argues that policy "entrepreneurs" brokers or middlemen, known as Policy entrepreneurs, play a key

Transfer or Passing of Property - Sales of Goods Perhaps assuming like the seller has a right to sell the goods, so it like necessary to determine the precise moment the trans

Explain Universal jurisdiction of criminal jurisdiction It is concerned with the application of a State's criminal jurisdiction in respect of offences committed against the int