Transfer or passing of property - sales of goods, Business Law and Ethics

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 transfer of the property in goods, or like envisaged through the contract of sale, takes place. However determination is important because:

It ascertains risk in the goods pass to the buyer, whereas the goods were destroyed accidentally then it would be essential to be on familiar terms to which party has for bear the loss.

(a) It ascertains the remedies available for the parties.

(b) It is the essence of the contract of sale about that property.

Posted Date: 2/1/2013 6:19:24 AM | Location : United States







Related Discussions:- Transfer or passing of property - sales of goods, Assignment Help, Ask Question on Transfer or passing of property - sales of goods, Get Answer, Expert's Help, Transfer or passing of property - sales of goods Discussions

Write discussion on Transfer or passing of property - sales of goods
Your posts are moderated
Related Questions
QUESTION 1 Explain clearly how Public Policy making constitutes a major function of Government QUESTION 2 Account for the role of Public opinion in the identification o

QUESTION 1 Arbitration has proved itself to be a valuable scheme in alternative dispute resolution of conflicts. Discuss the advantages and disadvantages of Arbitration as a su

Make-or-Buy Decisions  Make or buy decision is a strategic decision that any organisation has to make, between producing an item internally and buying it externally.  With t

ALLOTMENT OF SHARES: An allotment, legally, is the company's acceptance of an offer to buy its shares. Thus we can say it is governed by the following rules of the common law

Define the non-state actors Besides the efforts of ILC in defining a link between the state responsibility and non-state actors, some UNSC resolutions have tried to define the

Civil Case - African Customary Law Moreover customary law is applicable only in civil cases.  Thus the District Magistrate's Court's Act 1967, S.2 restricts the civil case

Legal Status:  A promoter is not an agent of the company he promotes.  However, the English courts have held that he stands in a fiduciary relationship to the company he promo

Classification of Companies: Section 389 of the Companies Act provides that "no company there association or may partnership consisting of more than twenty persons shall be fo

Explain United Nations General Assembly A treaty may also be referred to as a Convention, Protocol, Agreement and Declaration. There are no legal reasons for using different na

Recovery of Premium - S. 44 One partner has paid a premium for another on entering in a partnership to a fixed term such and the partnership is dissolved previous to the expir