Meaning of Nemo Dat Quod Non Habet The Latin maxim “Nemo dat quod non habet” means “no one can transfer a better title than he […]
Tag: sale of goods act 1930
48. Unascertained Goods
Meaning of Unascertained Goods Under the Sale of Goods Act, 1930, goods are classified into specific and unascertained goods. According to Section 2(14), unascertained goods […]
39. Mercantile Agent.
Definition of Mercantile Agent A Mercantile Agent is defined under Section 2(9) of the Indian Sale of Goods Act, 1930. It refers to an agent […]
38. Actual Delivery.
Meaning of Actual Delivery Actual Delivery refers to the physical handing over of goods by the seller to the buyer or their authorized agent. Under […]
37. Specific Goods.
Meaning of Specific Goods Specific Goods are defined under Section 2(14) of the Sale of Goods Act, 1930 as goods that are identified and agreed […]
34. Movable Goods.
Meaning of Movable Goods Movable goods refer to all kinds of goods that are tangible and capable of being moved from one place to another, […]
25. Caveat Emptor.
Meaning of Caveat Emptor Caveat Emptor is a Latin term meaning “Let the buyer beware.” Under the Indian Contract Act, 1872, it is a fundamental […]
24. Auction Sale.
Meaning of Auction Sale An Auction Sale is a public sale where goods are sold to the highest bidder, usually conducted by an auctioneer. The […]
13. Unpaid Seller
Meaning of Unpaid Seller Under the Indian Sale of Goods Act, 1930, an unpaid seller is one to whom the whole price of goods has […]
5. Caveat Emptor
Meaning of Caveat Emptor The principle of Caveat Emptor, meaning “let the buyer beware”, is embodied in Section 16 of the Sale of Goods Act, […]