Posts tagged "sale"

Legal – Effect of Destruction of Subject Matter

What is the Effect of Destruction of Subject Matter?   Goods perishing before making a contract : Where there is a contract for sale of specific goods, the contract is void. In case, only part of goods are destroyed or damaged, the performance of contact is depends upon whether the Read More →

Legal – Purpose and Object Sales of Goods Act 1930

What is purpose and object of  Sales of Goods Act, 1930?   The sale is divided into 2 parts. Sale of movable goods and sale of immovable property. The sale of goods act, 1930 deals with the sale of movable goods whereas transfer of property act deals immovable property.  Sale Read More →

Legal – Difference Between Sale and Agreement to Sell

What is Difference between Sale and Agreement to Sell?   Sale is an executed contract while agreement to sell is an executory contract. In sale property transfers immediately at the time of sale but in agreement to sell property is transferred after sometime.   A sale creates jus-in-ram (right against Read More →

Legal – Meaning of Goods and what are Different Types of Goods

What is goods and what are different types of goods?    Goods:  Subject Matter of Contract:  Goods means every kind of movable property other tan money and includes stock and share, growing crops, grass and timber and things attached to the land which are agreed to be to break before sale.  The Read More →

Legal – Effect of Destruction of Subject Matter

 What is the Effect of Destruction of Subject Matter?   Goods perishing before making a contract – Where there is a contract for sale of specific goods, the contract is void. In case, only part of goods are destroyed or damaged, the performance of contact is depends upon whether the Read More →

Legal Law & Act | Condition & Warranty

Get the legal law & act information : What is Condition & Warranty?   Condition is representation made by seller at the time of contract of sale which is so important that non-fulfillment of it defeats the very purpose of the contract. A warrantee is stipulation collateral to the main purpose Read More →

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