Rights of resale:
The unpaid seller can re sell the goods---
1.where the goods are of a perishable mature; or
2.where he gives notice to the buyer of his intension to re-sell the goods and the buyer tender price.
If an resale there is a loss to the seller he can claim it from the buyer as damages for breach of contract. If there is a surplus on the resale, he is not bound to hand it over to the buyer because the buyer cannot be a allowed.
Right of withholding delivery:
Where the property in goods has not passed to the buyer an unpaid seller has in addition to his other remedies, a right of withholding delivery similar to has passed to the buyer.
The unpaid seller is not entitled—
1.to recover any losses on the re sale of the goods; and
2.to retain any surplus arising on the re sale of the goods.
Monday, August 31, 2009
Subscribe to:
Post Comments (Atom)
Followers
Blog Archive
-
▼
2009
(165)
-
▼
August
(118)
- The buyer personality.
- Rights of resale
- Rights on lien
- Rights of an unpaid seller
- Limited partnership
- Limited partnership
- Public notice
- Settlement of accounts
- Liabilities of a partner in disolution
- Rights of partner in disolution
- Disolution by court
- Disolution order 0of court
- Disolution
- Expulsion of partners.
- Expulsion of partners.
- Rights of the partners.
- Retirement of partner.
- Reconstitution of firm
- Types of partner
- Types of partners.
- Implied authority.
- Implied authority.
- implied authority
- Relation of partnership
- Relation of partnership
- Property and goodwill of the firm
- Duties of partners.
- Rights of a partner
- Time and alteration of registration
- Rigistration of partnership firms.
- Duration of partnership.
- Patnership and other associates
- Patnership and other associates
- Patnership firm.
- Farmation of a partnership
- Farmation of a partnership
- Nature of partnership
- Difference for company and partnership
- Corporate veil
- Corporate veil
- Nature and cheracteristics of company
- One company
- Forign company
- Goverment company
- Holdin and subsidery company
- Public and private company
- Kinds of company
- Kinds of company
- Promoter
- Certificate of incorporation
- Farmation of a company
- Farmation of a company
- Part 2 of...
- contenct of prospectus
- Part 2 of...
- Part 2 of...
- Content of prospectus-part 1 of schedule 2
- Prospectus
- Alteration of articles
- ALTERATION OF ARTICLES: Companie...
- ALTERATION OF ARTICLES: Companie...
- Legal effect of memorandum and articles
- A company limited by gurantee and a private company
- A company limited by gurantee and a private company
- A company limited by gurantee and a private company
- Articles of association
- Articles of association
- Difference between members and shareholders
- Member ship of a company
- WHO CAN B...
- WHO CAN B...
- Rights and liabilities of share holders
- Rights and liabilities of share holders
- Rights and liabilities of share holders
- Securities market
- Methods of share issues
- METHODS OF NEW IS...
- Secandary market and stock exchange charecterstics
- Secandary market and stock exchange charecterstics
- Functions of SEBI
- Role and working of SEBI.
- Role and working of SEBI.
- Stock exchange boad of india
- Stock exchange boad of india
- Stock exchange boad of india
- Memorandum of association
- Form of memorandum
- Form of memorandum
- Debentures
- ...
- Debenture holders.
- Interim dividend
- Interim dividend
- Transmision of shares
- Transmision of shares
- Dividents
- Dividents
- Transmision of shares
- Transmision of shares
- Transmision of shares
-
▼
August
(118)
No comments:
Post a Comment