Where there is a contract for the sale of specific goods, and the goods, without the knowledge of Ihe seller, have perished at the tinie when the contract is made, the contract is void. When condition to be treated as warranty.
Provided that nothing in this section shall affect the operation of the issue or transfer of any document of title to goods. Effect of writ of execution. Until such announcement is made any bidder may retract his bid; c where a sale by auction is not notified to be subject to a right to bid on behalf of the seller, it shall not be lawful for the seller to bid himself or to employ any person to bid at such sale, or for the auctioneer knowingly to take any bid from the seller or any such person.
Where there is a contract for the sale of specific goods, and the goods without the knowledge of the seller have perished at the time when the contract is made, the contract is void. Right of stoppage in transitu. Interest and special damages. When the seller is ready and willing to deliver the goods and requests the buyer to take delivery, and the buyer does not within a reasonable time after such request take delivery of the goods, he is liable to the seller for any loss occasioned by his neglect or refusal to take delivery, and also for a reasonable charge for the care and custody of the goods: Agreement to sell at valuation.
Where there is a contract for the sale of specific goods and the seller is bound to do something to the goods, for the purpose of putting them into a deliverable state, the property does not pass until such thing be done, and the buyer has notice thereof.
If the buyer accepts the whole of the goods so delivered he must pay for them at the contract rate. Added, 58 ofs.
Such notice may be given either to the person in actual possession of the goods or to his principal. The ex- penses of such re-delivery must be borne by the seller.
Rejection of Goods You are entitled to reject the goods and get your money back if the goods: It is sufficient if that buyer intimates to the seller that he refuses to accept them. Goods must be ascertained. What is a reasonable hour is a question of fact.
Replaced, 58 ofs. You should also be given the chance to examine the whole lot section 17 of SGO.Where property in the goods is to pass by way of sale under Sales of Goods Ordinance, the classification of the goods is relevant in determining the point of time at which property passer from seller to the buyer.
Commercial Law LAI Ting Wai Fontaine Sale of Goods Terminology Notes 1 Sale of Goods Sale of Goods Ordinance (Cap)! Codifying statute! Looking at the words of the statute and not the cases preceding the statute (before.
III. The Sale of Goods Ordinance. The Sale of Goods Ordinance (“SGO”) provides that goods for sale must be: Of merchantable (satisfactory) quality. Goods must meet the standard that a reasonable person would regard as satisfactory, taking account of any description of the goods, the price and all other relevant circumstances.
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SALE OF GOODS [Cap. 93 CHAPTER 93 SALE OF GOODS Ordinance AN ORDINANCE TO AMEND AND CODIFY THE LAW RELATING TO THE SALE OF GOODS.
No. 11 of! Short title. Sale and agreement to sell. Capacity to buy and sell.
1. This Ordinance may be cited as the.
of the contract of sale, in this Ordinance called 'future goods.' (2) There may be a contract for the sale of goods, the acqiisition of which by the seller depends upon a contingency which may or.Download