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BUSINESS LAW SALE OF GOODS ACT BUSINESS LAW SALE OF GOODS ACT 1930.

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Presentation on theme: "BUSINESS LAW SALE OF GOODS ACT BUSINESS LAW SALE OF GOODS ACT 1930."— Presentation transcript:

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2 BUSINESS LAW SALE OF GOODS ACT 1930

3 DUTIES OF SELLER

4 MEANING OF SELLER  someone who promotes or exchanges goods or services for money.

5 DUTIES OF SELLER To make the arrangement for transfer of property in the goods to the buyer. To ascertain and appropriate the goods to the contract of sale To pass an absolute and effective title to the goods, to the buyer. To deliver the goods in accordance with the terms of the contract ( sec 31)

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7 DUTIES OF SELLER To ensure that the goods supplied conform to the implied / express conditions and warranties. To put the goods in a deliverable state and to deliver the goods as and when applied for by the buyer ( sec 35) To deliver the goods within the time specified in the contract or within a reasonable time and a reasonable hour. [ sec 36 (2) and (4)] To bear all expenses of and incidental to making a delivery ( i.e. upto the stage of putting the goods into a deliverable sate 0 (sec 36 (5)

8 DUTIES OF SELLER To deliver the goods in the agreed quantity. (Sec. 37 (1) To deliver the goods in installments only when so desired by the buyer. (Sec 38 (1)) To arrange for insurance of the goods while they are in transmission or custody of the carrier. (Sec. 39 (2). To inform the buyer in time, when the goods are sent by a sea route, so that he may get the goods insured  [Sec. 39 (3) ]

9 ASSOCIATE PROF. OF COMMERCE
BY V.VENKATASAMY ASSOCIATE PROF. OF COMMERCE


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