SlideShare a Scribd company logo
1 of 21
Download to read offline
Fahad Sattar (06)
1.Rules with regard to transfer of property
2.Transfer of Title of Goods
1.Goods must be ascertained
2.Property passes when intended to pass
3.Specific goods to be put into a deliverable state
4.Specific goods in a deliverable state subject to
measurement
5.Sale of unascertained Goods
6.Goods sent to approval or “on sale or return”
1. Goods of the contract must be ascertained.
2. If goods are unascertained then no property is
transferred to the buyer and there is no sale of
goods.
Goods passes to the buyer when contract is
made and the goods are specific goods and
are in deliverable state.
It is immaterial whether the time of payment
of the price and the time of the delivery of
the goods.
If the contract is for the sale of specific goods then
seller is bounded to do something to the goods
according to the order for the purpose of putting into
deliverable state.
And the property does not passes until such thing is
done and the buyer has notice there of.
If contract is for sale of specific good then seller is
bounded to weight , measure, test or do some other
act.
And the property does not passes until such act or
thing is done and the buyer has notice there of.
The contract for the sale of unascertained goods by
description and the goods are in deliverable state are
unconditionally appropriated to the contract either by
the seller with the assent of buyer or by the buyer with
the assent of seller.
The properties in goods there upon passes to the
buyer.
If the goods are delivered to the buyer on approval or
“on sale or return” the property therein passes to the
buyer.
If the buyer retains the goods without giving any
notice of rejection , the property passes to the buyer
when the time fixed for return expires.
1. The general rule that only the owner of the goods cam
sell goods.
2. If the seller sell such a good which is not his property
then buyer will get no title of good.
3. Owner of goods is protected against the claims of the
buyer.
1. Sale under the implied authority
2. Sale by co-owner
3. Sale by co-owner
4. Sale by mercantile agent
5. Sale by a person in possession under voidable
contract
6. Sale by seller in possession after sale
7. Sale by unpaid seller
8. Sale by buyer in possession after sale
The true owner shows by his behavior that the
seller has the authority to sell the good.
And then the buyer gets the title of the goods.
The co-owner of the goods having the sole
possession of the goods can sell these goods with
the permission of the other co-owner.
And the buyer will get the title of goods purchased
by him on good faith.
Mercantile agent is a person who is in the ordinary
course of business and has the authority to sell the
goods on behalf of the business.
The buyer buys goods from the agents and gets the
title of the goods.
If a person having the possession under voidable
contract sells them, then the buyer who buys goods
get the title of goods if at the time of sale the contract
has not been rescinded and the buyer has no notice of
seller’s default in title.
The buyer gets the title of goods if he
purchases the goods from the seller who has
already sold the goods but has goods in his
possession and the buyer has not any notice
of pervious sale.
A person who has sold the goods but price has not
been paid to him is called unpaid seller.
An unpaid seller who has given the reasonable
time and notice to sell the goods, the buyer of such
goods get the title of goods.
If a person buy goods form someone and have goods in
his possession but the seller still has lien or right over the
goods then the seller can sell the goods with the consent
of the seller.
The buyer of such goods will have the title of goods.
Rules of Property Transfer in Sale of Goods

More Related Content

What's hot

Performance of contract under sale of goods act
Performance of contract under sale of goods actPerformance of contract under sale of goods act
Performance of contract under sale of goods actDr.Sangeetha R
 
Remedies of buyer against the seller and auction sale
Remedies of buyer against the seller and auction saleRemedies of buyer against the seller and auction sale
Remedies of buyer against the seller and auction saleAjay4596
 
Property Law For Business
Property Law For BusinessProperty Law For Business
Property Law For Businessguestf7a543
 
Law - Rights of an unpaid seller
Law - Rights of an unpaid sellerLaw - Rights of an unpaid seller
Law - Rights of an unpaid sellerMekayeel Hasan
 
Unpaid seller business law
Unpaid seller business lawUnpaid seller business law
Unpaid seller business lawKinnar Majithia
 
Unpaid Seller - Meaning, Rights of Unpaid Seller against the goods and Rights...
Unpaid Seller - Meaning, Rights of Unpaid Seller against the goods and Rights...Unpaid Seller - Meaning, Rights of Unpaid Seller against the goods and Rights...
Unpaid Seller - Meaning, Rights of Unpaid Seller against the goods and Rights...Vipin Joshi
 
AUCTION SALE AND DELIVERY OF GOODS
AUCTION SALE AND DELIVERY OF GOODSAUCTION SALE AND DELIVERY OF GOODS
AUCTION SALE AND DELIVERY OF GOODSArunSuresh58
 
Sales of goods act
Sales of goods actSales of goods act
Sales of goods actdarepan
 
Rights of an unpaid seller
Rights of an unpaid sellerRights of an unpaid seller
Rights of an unpaid sellerSweetp999
 
Agreement sale
Agreement saleAgreement sale
Agreement saleMd Ershad
 
Performance of contract
Performance of contractPerformance of contract
Performance of contractgyan_prakash
 
Pledge (Chapter 17) - Business Law
Pledge (Chapter 17) - Business LawPledge (Chapter 17) - Business Law
Pledge (Chapter 17) - Business LawSandeep Sharma
 
AUCTION SALES, RULES OF DELIVERY UNDER SALE OF GOODS ACT.
AUCTION SALES, RULES OF DELIVERY UNDER SALE OF GOODS ACT.AUCTION SALES, RULES OF DELIVERY UNDER SALE OF GOODS ACT.
AUCTION SALES, RULES OF DELIVERY UNDER SALE OF GOODS ACT.Dr.Sangeetha R
 
Unpaidsellerbusinesslaw 111117102757-phpapp01
Unpaidsellerbusinesslaw 111117102757-phpapp01Unpaidsellerbusinesslaw 111117102757-phpapp01
Unpaidsellerbusinesslaw 111117102757-phpapp01Vish Vishnu V Menon
 

What's hot (20)

Performance of contract under sale of goods act
Performance of contract under sale of goods actPerformance of contract under sale of goods act
Performance of contract under sale of goods act
 
Unpaid Seller and His Rights
Unpaid Seller and His RightsUnpaid Seller and His Rights
Unpaid Seller and His Rights
 
Remedies of buyer against the seller and auction sale
Remedies of buyer against the seller and auction saleRemedies of buyer against the seller and auction sale
Remedies of buyer against the seller and auction sale
 
Property Law For Business
Property Law For BusinessProperty Law For Business
Property Law For Business
 
Law - Rights of an unpaid seller
Law - Rights of an unpaid sellerLaw - Rights of an unpaid seller
Law - Rights of an unpaid seller
 
Unpaid seller business law
Unpaid seller business lawUnpaid seller business law
Unpaid seller business law
 
Assignment 2
Assignment 2Assignment 2
Assignment 2
 
Unpaid Seller - Meaning, Rights of Unpaid Seller against the goods and Rights...
Unpaid Seller - Meaning, Rights of Unpaid Seller against the goods and Rights...Unpaid Seller - Meaning, Rights of Unpaid Seller against the goods and Rights...
Unpaid Seller - Meaning, Rights of Unpaid Seller against the goods and Rights...
 
Unpaid seller
Unpaid sellerUnpaid seller
Unpaid seller
 
AUCTION SALE AND DELIVERY OF GOODS
AUCTION SALE AND DELIVERY OF GOODSAUCTION SALE AND DELIVERY OF GOODS
AUCTION SALE AND DELIVERY OF GOODS
 
Sales of goods act
Sales of goods actSales of goods act
Sales of goods act
 
Rights of an unpaid seller
Rights of an unpaid sellerRights of an unpaid seller
Rights of an unpaid seller
 
Pledge
PledgePledge
Pledge
 
Agreement sale
Agreement saleAgreement sale
Agreement sale
 
Performance of contract
Performance of contractPerformance of contract
Performance of contract
 
Pledge (Chapter 17) - Business Law
Pledge (Chapter 17) - Business LawPledge (Chapter 17) - Business Law
Pledge (Chapter 17) - Business Law
 
AUCTION SALES, RULES OF DELIVERY UNDER SALE OF GOODS ACT.
AUCTION SALES, RULES OF DELIVERY UNDER SALE OF GOODS ACT.AUCTION SALES, RULES OF DELIVERY UNDER SALE OF GOODS ACT.
AUCTION SALES, RULES OF DELIVERY UNDER SALE OF GOODS ACT.
 
AUCTION SALE
AUCTION SALEAUCTION SALE
AUCTION SALE
 
Unpaidsellerbusinesslaw 111117102757-phpapp01
Unpaidsellerbusinesslaw 111117102757-phpapp01Unpaidsellerbusinesslaw 111117102757-phpapp01
Unpaidsellerbusinesslaw 111117102757-phpapp01
 
Lecture 12.
Lecture 12.Lecture 12.
Lecture 12.
 

Viewers also liked

Chapter 21 – Performance of Sales Contracts
Chapter 21 – Performance of Sales Contracts Chapter 21 – Performance of Sales Contracts
Chapter 21 – Performance of Sales Contracts UAF_BA330
 
Contract of sale of goods
Contract of sale of goodsContract of sale of goods
Contract of sale of goodsAshish Jain
 
Doctrine of caveat emptor - Legal Environment of Business - Business Law - Co...
Doctrine of caveat emptor - Legal Environment of Business - Business Law - Co...Doctrine of caveat emptor - Legal Environment of Business - Business Law - Co...
Doctrine of caveat emptor - Legal Environment of Business - Business Law - Co...manumelwin
 
Contract of sale of goods
Contract of sale of goodsContract of sale of goods
Contract of sale of goodsAbdullah Kareem
 
Sale of goods act, 1930
Sale of goods act, 1930Sale of goods act, 1930
Sale of goods act, 1930surjeet tomar
 

Viewers also liked (9)

Sales of goods contract
Sales of goods contractSales of goods contract
Sales of goods contract
 
Chapter 21 – Performance of Sales Contracts
Chapter 21 – Performance of Sales Contracts Chapter 21 – Performance of Sales Contracts
Chapter 21 – Performance of Sales Contracts
 
CAVEAT EMPTOR-BUYER BEWARE
CAVEAT EMPTOR-BUYER BEWARECAVEAT EMPTOR-BUYER BEWARE
CAVEAT EMPTOR-BUYER BEWARE
 
Contract of sale of goods
Contract of sale of goodsContract of sale of goods
Contract of sale of goods
 
Doctrine of caveat emptor - Legal Environment of Business - Business Law - Co...
Doctrine of caveat emptor - Legal Environment of Business - Business Law - Co...Doctrine of caveat emptor - Legal Environment of Business - Business Law - Co...
Doctrine of caveat emptor - Legal Environment of Business - Business Law - Co...
 
Contract of sale of goods
Contract of sale of goodsContract of sale of goods
Contract of sale of goods
 
Sale of goods act, 1930
Sale of goods act, 1930Sale of goods act, 1930
Sale of goods act, 1930
 
Caveat emptor
Caveat emptorCaveat emptor
Caveat emptor
 
Sales of goods act
Sales of goods actSales of goods act
Sales of goods act
 

Similar to Rules of Property Transfer in Sale of Goods

Condition & warranty
Condition & warrantyCondition & warranty
Condition & warrantyManu Singh
 
Sale of goods act and related provisions for entrepreneurs
Sale of goods act and related provisions for entrepreneurs Sale of goods act and related provisions for entrepreneurs
Sale of goods act and related provisions for entrepreneurs Dr. Trilok Kumar Jain
 
Sale of goods act and related provisions for entrepreneurs
Sale of goods act and related provisions for entrepreneurs Sale of goods act and related provisions for entrepreneurs
Sale of goods act and related provisions for entrepreneurs Dr. Trilok Kumar Jain
 
Sale of goods act and related provisions for entrepreneurs
Sale of goods act and related provisions for entrepreneurs Sale of goods act and related provisions for entrepreneurs
Sale of goods act and related provisions for entrepreneurs Dr. Trilok Kumar Jain
 
Contract of sale of goods
Contract of sale of goodsContract of sale of goods
Contract of sale of goodsDIVYANSHU SONI
 
Property Law For Business
Property Law For BusinessProperty Law For Business
Property Law For Businessguest37cbd035
 
Rights of Unpaid Seller Against Goods.pptx
Rights of Unpaid Seller Against Goods.pptxRights of Unpaid Seller Against Goods.pptx
Rights of Unpaid Seller Against Goods.pptxRamanSharma846913
 
Indian sale of goods act 1930
Indian sale of goods act 1930 Indian sale of goods act 1930
Indian sale of goods act 1930 Sanjay Gujar
 
Sale of goods act
Sale of goods actSale of goods act
Sale of goods actRAJBINO4
 
Sales+of+goods+act +1930
Sales+of+goods+act +1930Sales+of+goods+act +1930
Sales+of+goods+act +1930Aditya Durgude
 
THE%20SALE%20OF%20GOODS%20ACT%201930.pptx
THE%20SALE%20OF%20GOODS%20ACT%201930.pptxTHE%20SALE%20OF%20GOODS%20ACT%201930.pptx
THE%20SALE%20OF%20GOODS%20ACT%201930.pptxswadhi3
 
Rights of an Unpaid seller of India.pptx
Rights of an Unpaid seller of India.pptxRights of an Unpaid seller of India.pptx
Rights of an Unpaid seller of India.pptxAyushkumar323461
 
Right of unpaid seller (5th Chapter).pptx
Right of unpaid seller  (5th Chapter).pptxRight of unpaid seller  (5th Chapter).pptx
Right of unpaid seller (5th Chapter).pptxGeetuSharma21
 
Business law unit 2
Business law unit 2Business law unit 2
Business law unit 2Ashish Hande
 

Similar to Rules of Property Transfer in Sale of Goods (20)

Condition & warranty
Condition & warrantyCondition & warranty
Condition & warranty
 
Law ppt
Law pptLaw ppt
Law ppt
 
Transfer of title
Transfer of titleTransfer of title
Transfer of title
 
Sale of goods act and related provisions for entrepreneurs
Sale of goods act and related provisions for entrepreneurs Sale of goods act and related provisions for entrepreneurs
Sale of goods act and related provisions for entrepreneurs
 
Sale of goods act and related provisions for entrepreneurs
Sale of goods act and related provisions for entrepreneurs Sale of goods act and related provisions for entrepreneurs
Sale of goods act and related provisions for entrepreneurs
 
Sale of goods act and related provisions for entrepreneurs
Sale of goods act and related provisions for entrepreneurs Sale of goods act and related provisions for entrepreneurs
Sale of goods act and related provisions for entrepreneurs
 
Contract of sale of goods
Contract of sale of goodsContract of sale of goods
Contract of sale of goods
 
SOGA.pptx
SOGA.pptxSOGA.pptx
SOGA.pptx
 
Property Law For Business
Property Law For BusinessProperty Law For Business
Property Law For Business
 
SALE OF GOODS ACT, 1930
SALE OF GOODS ACT, 1930SALE OF GOODS ACT, 1930
SALE OF GOODS ACT, 1930
 
Rights of Unpaid Seller Against Goods.pptx
Rights of Unpaid Seller Against Goods.pptxRights of Unpaid Seller Against Goods.pptx
Rights of Unpaid Seller Against Goods.pptx
 
Indian sale of goods act 1930
Indian sale of goods act 1930 Indian sale of goods act 1930
Indian sale of goods act 1930
 
SOGA.pptx
SOGA.pptxSOGA.pptx
SOGA.pptx
 
Sale of goods act
Sale of goods actSale of goods act
Sale of goods act
 
Sales+of+goods+act +1930
Sales+of+goods+act +1930Sales+of+goods+act +1930
Sales+of+goods+act +1930
 
THE%20SALE%20OF%20GOODS%20ACT%201930.pptx
THE%20SALE%20OF%20GOODS%20ACT%201930.pptxTHE%20SALE%20OF%20GOODS%20ACT%201930.pptx
THE%20SALE%20OF%20GOODS%20ACT%201930.pptx
 
Rights of an Unpaid seller of India.pptx
Rights of an Unpaid seller of India.pptxRights of an Unpaid seller of India.pptx
Rights of an Unpaid seller of India.pptx
 
Business laws unit 4
Business laws unit 4Business laws unit 4
Business laws unit 4
 
Right of unpaid seller (5th Chapter).pptx
Right of unpaid seller  (5th Chapter).pptxRight of unpaid seller  (5th Chapter).pptx
Right of unpaid seller (5th Chapter).pptx
 
Business law unit 2
Business law unit 2Business law unit 2
Business law unit 2
 

More from Fahad Sattar

Parts of culture in pakistan
Parts of culture in pakistanParts of culture in pakistan
Parts of culture in pakistanFahad Sattar
 
International politics
International politicsInternational politics
International politicsFahad Sattar
 
Decision making process
Decision making processDecision making process
Decision making processFahad Sattar
 
Material costing and control
Material costing and controlMaterial costing and control
Material costing and controlFahad Sattar
 
Inflation, types of inflation
Inflation, types of inflationInflation, types of inflation
Inflation, types of inflationFahad Sattar
 
Critical thinking, Food for thought
Critical thinking, Food for thoughtCritical thinking, Food for thought
Critical thinking, Food for thoughtFahad Sattar
 

More from Fahad Sattar (13)

Six sigma..
Six sigma..Six sigma..
Six sigma..
 
Parts of culture in pakistan
Parts of culture in pakistanParts of culture in pakistan
Parts of culture in pakistan
 
Levels of product
Levels of productLevels of product
Levels of product
 
Obstacle to tqm
Obstacle to tqmObstacle to tqm
Obstacle to tqm
 
motivation
motivationmotivation
motivation
 
Location
LocationLocation
Location
 
International politics
International politicsInternational politics
International politics
 
Decision making process
Decision making processDecision making process
Decision making process
 
Coca cola
Coca colaCoca cola
Coca cola
 
Material costing and control
Material costing and controlMaterial costing and control
Material costing and control
 
Cvp analysis
Cvp analysisCvp analysis
Cvp analysis
 
Inflation, types of inflation
Inflation, types of inflationInflation, types of inflation
Inflation, types of inflation
 
Critical thinking, Food for thought
Critical thinking, Food for thoughtCritical thinking, Food for thought
Critical thinking, Food for thought
 

Recently uploaded

5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf
5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf
5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdfSherl Simon
 
Trian White Paper on Creating Value at Disney April 2024
Trian White Paper on Creating Value at Disney April 2024Trian White Paper on Creating Value at Disney April 2024
Trian White Paper on Creating Value at Disney April 2024Neil Kimberley
 
Customizable Contents Restoration Training
Customizable Contents Restoration TrainingCustomizable Contents Restoration Training
Customizable Contents Restoration TrainingCalvinarnold843
 
Kyryl Truskovskyi: Training and Serving Open-Sourced Foundational Models (UA)
Kyryl Truskovskyi: Training and Serving Open-Sourced Foundational Models (UA)Kyryl Truskovskyi: Training and Serving Open-Sourced Foundational Models (UA)
Kyryl Truskovskyi: Training and Serving Open-Sourced Foundational Models (UA)Lviv Startup Club
 
Entrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextEntrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextP&CO
 
Andrii Rodionov: What can go wrong in a distributed system – experience from ...
Andrii Rodionov: What can go wrong in a distributed system – experience from ...Andrii Rodionov: What can go wrong in a distributed system – experience from ...
Andrii Rodionov: What can go wrong in a distributed system – experience from ...Lviv Startup Club
 
ISO 37002:2021 (Whistleblowing Management Systems) Awareness Training
ISO 37002:2021 (Whistleblowing Management Systems) Awareness TrainingISO 37002:2021 (Whistleblowing Management Systems) Awareness Training
ISO 37002:2021 (Whistleblowing Management Systems) Awareness TrainingOperational Excellence Consulting
 
2023_EN. HYUNDAI CAPITAL SERVICES 2023 PERFORMANCE
2023_EN. HYUNDAI CAPITAL SERVICES 2023 PERFORMANCE2023_EN. HYUNDAI CAPITAL SERVICES 2023 PERFORMANCE
2023_EN. HYUNDAI CAPITAL SERVICES 2023 PERFORMANCEirhcs
 
Harnessing LinkedIn's Data Goldmine: A Strategic Guide
Harnessing LinkedIn's Data Goldmine: A Strategic GuideHarnessing LinkedIn's Data Goldmine: A Strategic Guide
Harnessing LinkedIn's Data Goldmine: A Strategic GuideScrapIn
 
Who is the Darshan Hiranandani Wife ????
Who is the Darshan Hiranandani Wife ????Who is the Darshan Hiranandani Wife ????
Who is the Darshan Hiranandani Wife ????surajkumarsk121223
 
Paul Turovsky - Real Estate Professional
Paul Turovsky - Real Estate ProfessionalPaul Turovsky - Real Estate Professional
Paul Turovsky - Real Estate ProfessionalPaul Turovsky
 
Fundamentals Welcome and Inclusive DEIB
Fundamentals Welcome and  Inclusive DEIBFundamentals Welcome and  Inclusive DEIB
Fundamentals Welcome and Inclusive DEIBGregory DeShields
 
Leadership and Collaborative Qualities | Hejir Rashidzadeh
Leadership and Collaborative Qualities | Hejir RashidzadehLeadership and Collaborative Qualities | Hejir Rashidzadeh
Leadership and Collaborative Qualities | Hejir RashidzadehHejir Rashidzadeh
 
Roman Kyslyi: Використання та побудова LLM агентів (UA)
Roman Kyslyi: Використання та побудова LLM агентів (UA)Roman Kyslyi: Використання та побудова LLM агентів (UA)
Roman Kyslyi: Використання та побудова LLM агентів (UA)Lviv Startup Club
 
Understanding market needs for startups 4_4_2024.pdf
Understanding market needs for startups 4_4_2024.pdfUnderstanding market needs for startups 4_4_2024.pdf
Understanding market needs for startups 4_4_2024.pdfRichard Guha
 
Cracking the ‘Skill gap analysis' Code.pptx
Cracking the ‘Skill gap analysis' Code.pptxCracking the ‘Skill gap analysis' Code.pptx
Cracking the ‘Skill gap analysis' Code.pptxWorkforce Group
 
EQX-PPT-20240405-CorporateDeck-slideshare
EQX-PPT-20240405-CorporateDeck-slideshareEQX-PPT-20240405-CorporateDeck-slideshare
EQX-PPT-20240405-CorporateDeck-slideshareEquinox Gold Corp.
 
"Ecommerce Tomorrow: Trends, Innovations, and Consumer Revolution"
"Ecommerce Tomorrow: Trends, Innovations, and Consumer Revolution""Ecommerce Tomorrow: Trends, Innovations, and Consumer Revolution"
"Ecommerce Tomorrow: Trends, Innovations, and Consumer Revolution"vicky222yadav11
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Aggregage
 
Pistachio Caviar and raisins from Iran.pdf
Pistachio Caviar and raisins from Iran.pdfPistachio Caviar and raisins from Iran.pdf
Pistachio Caviar and raisins from Iran.pdfRezaSeif2
 

Recently uploaded (20)

5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf
5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf
5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf
 
Trian White Paper on Creating Value at Disney April 2024
Trian White Paper on Creating Value at Disney April 2024Trian White Paper on Creating Value at Disney April 2024
Trian White Paper on Creating Value at Disney April 2024
 
Customizable Contents Restoration Training
Customizable Contents Restoration TrainingCustomizable Contents Restoration Training
Customizable Contents Restoration Training
 
Kyryl Truskovskyi: Training and Serving Open-Sourced Foundational Models (UA)
Kyryl Truskovskyi: Training and Serving Open-Sourced Foundational Models (UA)Kyryl Truskovskyi: Training and Serving Open-Sourced Foundational Models (UA)
Kyryl Truskovskyi: Training and Serving Open-Sourced Foundational Models (UA)
 
Entrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextEntrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider context
 
Andrii Rodionov: What can go wrong in a distributed system – experience from ...
Andrii Rodionov: What can go wrong in a distributed system – experience from ...Andrii Rodionov: What can go wrong in a distributed system – experience from ...
Andrii Rodionov: What can go wrong in a distributed system – experience from ...
 
ISO 37002:2021 (Whistleblowing Management Systems) Awareness Training
ISO 37002:2021 (Whistleblowing Management Systems) Awareness TrainingISO 37002:2021 (Whistleblowing Management Systems) Awareness Training
ISO 37002:2021 (Whistleblowing Management Systems) Awareness Training
 
2023_EN. HYUNDAI CAPITAL SERVICES 2023 PERFORMANCE
2023_EN. HYUNDAI CAPITAL SERVICES 2023 PERFORMANCE2023_EN. HYUNDAI CAPITAL SERVICES 2023 PERFORMANCE
2023_EN. HYUNDAI CAPITAL SERVICES 2023 PERFORMANCE
 
Harnessing LinkedIn's Data Goldmine: A Strategic Guide
Harnessing LinkedIn's Data Goldmine: A Strategic GuideHarnessing LinkedIn's Data Goldmine: A Strategic Guide
Harnessing LinkedIn's Data Goldmine: A Strategic Guide
 
Who is the Darshan Hiranandani Wife ????
Who is the Darshan Hiranandani Wife ????Who is the Darshan Hiranandani Wife ????
Who is the Darshan Hiranandani Wife ????
 
Paul Turovsky - Real Estate Professional
Paul Turovsky - Real Estate ProfessionalPaul Turovsky - Real Estate Professional
Paul Turovsky - Real Estate Professional
 
Fundamentals Welcome and Inclusive DEIB
Fundamentals Welcome and  Inclusive DEIBFundamentals Welcome and  Inclusive DEIB
Fundamentals Welcome and Inclusive DEIB
 
Leadership and Collaborative Qualities | Hejir Rashidzadeh
Leadership and Collaborative Qualities | Hejir RashidzadehLeadership and Collaborative Qualities | Hejir Rashidzadeh
Leadership and Collaborative Qualities | Hejir Rashidzadeh
 
Roman Kyslyi: Використання та побудова LLM агентів (UA)
Roman Kyslyi: Використання та побудова LLM агентів (UA)Roman Kyslyi: Використання та побудова LLM агентів (UA)
Roman Kyslyi: Використання та побудова LLM агентів (UA)
 
Understanding market needs for startups 4_4_2024.pdf
Understanding market needs for startups 4_4_2024.pdfUnderstanding market needs for startups 4_4_2024.pdf
Understanding market needs for startups 4_4_2024.pdf
 
Cracking the ‘Skill gap analysis' Code.pptx
Cracking the ‘Skill gap analysis' Code.pptxCracking the ‘Skill gap analysis' Code.pptx
Cracking the ‘Skill gap analysis' Code.pptx
 
EQX-PPT-20240405-CorporateDeck-slideshare
EQX-PPT-20240405-CorporateDeck-slideshareEQX-PPT-20240405-CorporateDeck-slideshare
EQX-PPT-20240405-CorporateDeck-slideshare
 
"Ecommerce Tomorrow: Trends, Innovations, and Consumer Revolution"
"Ecommerce Tomorrow: Trends, Innovations, and Consumer Revolution""Ecommerce Tomorrow: Trends, Innovations, and Consumer Revolution"
"Ecommerce Tomorrow: Trends, Innovations, and Consumer Revolution"
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
 
Pistachio Caviar and raisins from Iran.pdf
Pistachio Caviar and raisins from Iran.pdfPistachio Caviar and raisins from Iran.pdf
Pistachio Caviar and raisins from Iran.pdf
 

Rules of Property Transfer in Sale of Goods

  • 1.
  • 3.
  • 4. 1.Rules with regard to transfer of property 2.Transfer of Title of Goods
  • 5. 1.Goods must be ascertained 2.Property passes when intended to pass 3.Specific goods to be put into a deliverable state 4.Specific goods in a deliverable state subject to measurement 5.Sale of unascertained Goods 6.Goods sent to approval or “on sale or return”
  • 6. 1. Goods of the contract must be ascertained. 2. If goods are unascertained then no property is transferred to the buyer and there is no sale of goods.
  • 7. Goods passes to the buyer when contract is made and the goods are specific goods and are in deliverable state. It is immaterial whether the time of payment of the price and the time of the delivery of the goods.
  • 8. If the contract is for the sale of specific goods then seller is bounded to do something to the goods according to the order for the purpose of putting into deliverable state. And the property does not passes until such thing is done and the buyer has notice there of.
  • 9. If contract is for sale of specific good then seller is bounded to weight , measure, test or do some other act. And the property does not passes until such act or thing is done and the buyer has notice there of.
  • 10. The contract for the sale of unascertained goods by description and the goods are in deliverable state are unconditionally appropriated to the contract either by the seller with the assent of buyer or by the buyer with the assent of seller. The properties in goods there upon passes to the buyer.
  • 11. If the goods are delivered to the buyer on approval or “on sale or return” the property therein passes to the buyer. If the buyer retains the goods without giving any notice of rejection , the property passes to the buyer when the time fixed for return expires.
  • 12. 1. The general rule that only the owner of the goods cam sell goods. 2. If the seller sell such a good which is not his property then buyer will get no title of good. 3. Owner of goods is protected against the claims of the buyer.
  • 13. 1. Sale under the implied authority 2. Sale by co-owner 3. Sale by co-owner 4. Sale by mercantile agent 5. Sale by a person in possession under voidable contract 6. Sale by seller in possession after sale 7. Sale by unpaid seller 8. Sale by buyer in possession after sale
  • 14. The true owner shows by his behavior that the seller has the authority to sell the good. And then the buyer gets the title of the goods.
  • 15. The co-owner of the goods having the sole possession of the goods can sell these goods with the permission of the other co-owner. And the buyer will get the title of goods purchased by him on good faith.
  • 16. Mercantile agent is a person who is in the ordinary course of business and has the authority to sell the goods on behalf of the business. The buyer buys goods from the agents and gets the title of the goods.
  • 17. If a person having the possession under voidable contract sells them, then the buyer who buys goods get the title of goods if at the time of sale the contract has not been rescinded and the buyer has no notice of seller’s default in title.
  • 18. The buyer gets the title of goods if he purchases the goods from the seller who has already sold the goods but has goods in his possession and the buyer has not any notice of pervious sale.
  • 19. A person who has sold the goods but price has not been paid to him is called unpaid seller. An unpaid seller who has given the reasonable time and notice to sell the goods, the buyer of such goods get the title of goods.
  • 20. If a person buy goods form someone and have goods in his possession but the seller still has lien or right over the goods then the seller can sell the goods with the consent of the seller. The buyer of such goods will have the title of goods.