Types of goods - sales of goods, Business Law and Ethics

Assignment Help:

Types oF Goods - Sales of Goods

Further the Act classifies goods into: like;

(i) Specific Goods

Whether specific goods are "goods" like are acknowledged and agreed on the time such contract of sale is made by (s.2). therefore this definition embraces nearly such all the goods that people buy in shops must market places and must super-markets.

(ii) Unascertained Goods

Although the phrase "unascertained goods" like utilized in contradistinction for specific goods. However it includes goods to be manufactured or like acquired through the seller after such making of the contract of sale there.

Therefore like the distinction between specific and like unascertained goods is central for it governs the moment of property of transfer.

(iii) Existing and future goods

However existing goods are goods like owned and possessed through the seller whether as the contract of sale is really made. Therefore future goods are goods to be acquired or like manufactured through the seller after such contract is made.


Related Discussions:- Types of goods - sales of goods

Define the principle of prescription, Define the principle of prescription ...

Define the principle of prescription Prescription   (res  nullius-an  asset susceptible of acquisition but presently under the ownership or sovereignty of no legal person). Pr

Elements of estoppel, Elements of Estoppel Presentation crucially t...

Elements of Estoppel Presentation crucially to be acted on reliance on the presentation and one is Change in the legal position as a product of the reliance and one is

Statutory report - meetings and resolutions, Statutory report - meetings an...

Statutory report - meetings and resolutions: Contents of the statutory report.  Section 130(3) provides that the statutory report shall be certified by not less than two direc

Obiter dictum, Obiter Dictum Thus now  "by the way" statement made t...

Obiter Dictum Thus now  "by the way" statement made through a judge before delivering his judgement within  a view to  strengthening or re-enforcing his reasons to the decis

Distribution of assets, Distribution of Assets A general rule the Art...

Distribution of Assets A general rule the Articles of Partnership contains complete regulations like to the rights of partners in such an dissolution. Whether in the absence

Air Bus case study, Had France adopted OECD convention on bribery ahead of ...

Had France adopted OECD convention on bribery ahead of these transactions would the firm''s behavior have differed?why?

#title.writhe some stetment about morality of iinternationa, writhe some s...

writhe some stetment about morality of international context

What is judicial review, QUESTION 1 (a) What are the various alternativ...

QUESTION 1 (a) What are the various alternatives that exist to settle a dispute besides going to court (b) What are their respective advantages and disadvantages QUESTIO

Merger accounting, MERGER ACCOUNTING: It may happen that, during a "ta...

MERGER ACCOUNTING: It may happen that, during a "take-over" of one company (A) by another company (B), shares in the latter company are issued to shareholders of the former co

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd