BU451 Lecture : Chapter 16 - Sale of Goods Act Textbook Notes from 12th Ed... Covers every heading and subheading, as well as things he throws in during class (which as you know is a lot!)
Document Summary
Applies to sales (not barter, bailments or leases, consignments, non-contractual transfers) Of goods (not land or intangibles, or provision of services) Applies to sale of goods/services, might extend warranties described in soga. Unlike the soga, it doesn"t protect b2b transactions. Money must be part of the transaction. Consignment: transfer of goods from consignor to consignee (agent) to sell at new location. Goods: personal chattels usually must be something you can touch. Choses in action: binding obligations something that doesn"t intrinsically have value, but may have value in other contexts. Applies where the goods are in existence and are specific items that may be inspected by the buyer, and when the seller makes no misrepresentations about them. Encourages buyers to take care before contract to buy it. However, if this was a strict principle sometimes sellers would rip buyers off soga protects them. Applies to the quality of goods, not the ownership.