Meaning of Unpaid Seller and His Rights Under the Sale of Goods Act, 1930, an unpaid seller is defined in Section 45 as a seller […]
Tag: sale of goods act 1930
54. Warranties.
Meaning of Warranties A warranty is a stipulation that is collateral to the main purpose of the contract of sale. Section 12(3) of the Sale […]
49. Nemo dat Quod Non – Habet
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 […]
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 […]