Sections 27 to 30 deal with transfer of title by person not the owner. The general rule is that only the owner of goods can sell the goods. Conversely, the sale of an article by a person who is not or who has not the authority of the owner, gives no title to the buyer. […]
Transfer or passing of property implies transfer of ownership and not the physical possession of goods. For example, where a principal sends goods to his agent, he merely transfers the physical possession and not the ownership of goods. Here, the principal is the owner of the goods but is not having possession of goods and […]
In this article, let us compare contract of sale with other forms of contracts like bailment, Hire purchase agreement, contract of work and labour, etc. Sale and Bailment: A ‘bailment’ is the delivery of goods by one person to another for some purpose, upon a contract that they shall, when the purpose is accomplished, be […]
A contract of sales of goods is a contract whereby the sellers transfers or agrees to transfer the property in goods to the buyer for a price. Under Section 4(1) of the Sale of Goods Act, 1930 a contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the […]
Most of economic activities involve buying and selling of movable goods. The sale of goods may on cash or credit basis. The goods may be sold on the spot these may be a promise to sell the some in future. It is one of the special types of contract. The law relating to the sale […]
In this article, we shall discuss various definitions under the Sale of Goods Act, 1930 Mercantile Laws: Mercantile laws are the laws those deals with international commerce, business transactions and operations like agreements, contracts, copyrights, franchising, insurance, licensing, patents, shipping, transport, trademarks, etc. Examples of Mercantile Laws: The Sale of Goods Act, 1930: Most of […]