Thursday, September 10, 2009

Contract of re sell.

The seller cannot re-sell the goods.

the original buyer can only sue the seller for damages.

particular party:

A sale is a contract plus conveyance, and creats to the buyer to enjoy the goods as against the word at large including the Contract of sale how made:

No particular form is necessary constitute a contract sale. It is, like any other contract, made by the ordinary method of offer by one party and the acceptance by the party in others.

The contract of sale may provided for the immediate delivery of the goods, or immediate payment of the price both, or for the delivery or payment by instalments or that the delivery or payment or both shall be postpond.

Sale and agreement to sell- distinction:

1.transfer of property:

In a sale, the property in the goods passes from the seller to the buyer right to re-sell:

2.type of goods:

A sale can be only one be in case of existing and specific goods only.

3.risk of loss:

If the sale and goods are destroyed the losses falls on the buyer even though the goods are destroyed.

4.seller to sue for damages:

immediately so that the seller is no more than owner of the goods sold.

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