13

Sales of Goods Act 1930

Learning Objectives

In this chapter, the students are exposed to the knowledge on the Sales of Goods Act, 1930, covering the following aspects:

  • Concepts of sale and agreement to sell and definitions.

  • Condition and warranty.

  • Passing of the property from the seller to the buyer.

  • Performance of the contract of sale.

  • Rights of an unpaid seller.

  • Breach of contract to deliver specific or ascertained goods.

13.1 APPLICABILITY

In trade and commerce, sales and purchase of goods are very common transactions. These transactions may appear to be very simple but the possibilities of complications are always there. Therefore, knowledge of basic principles of sale and purchase is very much essential for all the concerned parties ...

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