IIPM,KOLKATA
DIPTARTHA KASHYAP, KUSHALENDU TALUKDAR, PRATIM DAS, NIL RATAN SAHA, SHUCHISMITA MANDOL, VIVEKANANDA PAUL SEC- IIPM/ PGP TOPIC: SALES OF GOODS ACT FACULTY: SANTANU MOITRA
CONTENTS
Serial No. 1 2 3 4 5 6 7 Particulars Sale of Goods Act,1930 Contract Of Sale Essential Elements Of Contract Of Sale Doctrine Of Caveat Emptor Unpaid Seller, Characteristics Of An Unpaid Seller Rights Of An Unpaid Seller Bibliography 3 4 5 6 7,8 9 10 Page No.
SALE OF GOODS ACT-1930
The law relating to sale of goods is contained in the Sale of Goods Act, 1930.
CONTRACT OF SALE
According to the Act: Transfer the property to the seller Contract of sale between one part-owner and another
ESSENTIAL ELEMENTS OF CONTRACT OF SALE
Two parties Transfer of property Goods Price Includes both a ¶Sale· and an ¶Agreement to sale·
DOCTRINE OF µCAVEAT EMPTOR¶
The term ¶Caveat Emptor· means ¶let the buyer beware·.
EXCEPTIONS
For specific purpose Merchantable quality Goods are sold by sample or description Fraud
UNPAID SELLER
When the whole price not paid Where a bill of exchange has been received but dishonoured
CHARACTERISTICS OF AN UNPAID SELLER
He st sell g credit, d e He st e s c s ter s st e id. id eit er lly r t
?
?
rtly.
?
He st tendered.
t ref se t
ccept pay ent
en
RIGHTS OF UNPAID SELLER
RIGHTS OF AN UNPAID SELLER
Where the property in the goods has passed
Where the property in the goods has not passed
Lien
Stoppage in transit
Resale
Withholding delivery
To sue for price, damage and interests
BIBLIOGRAPHY
Business Law For Managers ² P.K. Goel
THANK YOU
doc_918581199.pptx
DIPTARTHA KASHYAP, KUSHALENDU TALUKDAR, PRATIM DAS, NIL RATAN SAHA, SHUCHISMITA MANDOL, VIVEKANANDA PAUL SEC- IIPM/ PGP TOPIC: SALES OF GOODS ACT FACULTY: SANTANU MOITRA
CONTENTS
Serial No. 1 2 3 4 5 6 7 Particulars Sale of Goods Act,1930 Contract Of Sale Essential Elements Of Contract Of Sale Doctrine Of Caveat Emptor Unpaid Seller, Characteristics Of An Unpaid Seller Rights Of An Unpaid Seller Bibliography 3 4 5 6 7,8 9 10 Page No.
SALE OF GOODS ACT-1930
The law relating to sale of goods is contained in the Sale of Goods Act, 1930.
CONTRACT OF SALE
According to the Act: Transfer the property to the seller Contract of sale between one part-owner and another
ESSENTIAL ELEMENTS OF CONTRACT OF SALE
Two parties Transfer of property Goods Price Includes both a ¶Sale· and an ¶Agreement to sale·
DOCTRINE OF µCAVEAT EMPTOR¶
The term ¶Caveat Emptor· means ¶let the buyer beware·.
EXCEPTIONS
For specific purpose Merchantable quality Goods are sold by sample or description Fraud
UNPAID SELLER
When the whole price not paid Where a bill of exchange has been received but dishonoured
CHARACTERISTICS OF AN UNPAID SELLER
He st sell g credit, d e He st e s c s ter s st e id. id eit er lly r t
?
?
rtly.
?
He st tendered.
t ref se t
ccept pay ent
en
RIGHTS OF UNPAID SELLER
RIGHTS OF AN UNPAID SELLER
Where the property in the goods has passed
Where the property in the goods has not passed
Lien
Stoppage in transit
Resale
Withholding delivery
To sue for price, damage and interests
BIBLIOGRAPHY
Business Law For Managers ² P.K. Goel
THANK YOU
doc_918581199.pptx