Contracts or agreements related to the sale of goods are governed under the Sale of Goods Act 1930. This act came into effect on the 1st of July 1930 in the whole of India except the state of Jammu and Kashmir. Let us learn some important definitions and provisions of the act.
- Definition of Important Terms
- Sale and Agreement of Sale
- Ascertainment of Price
- The concept of Condition and Warranty
- Express and Implied Conditions
- Express and Implied Warranties
- Doctrine of Caveat Emptor
- Passing of Property – Part 1
- Passing of Property – Part 2
- Passing of Risk
- Transfer of Title
- Performance of Contract of Sale
- Rights of Unpaid seller against Goods
- Rights of Unpaid Seller against Buyer
- Auction Sale