coporeal moveables Flashcards
what are the 2 things transfer requires
delivery and mutual intention
actual delivery
if transferor A is in natural pos he must hand over the goods to transferee
contructive delivery
if a in civil pos either the dententor makes actual delivery to B or he is instructed by a to hold goods for b
symbolic delivery
if the goods are in transit. A hands B a bill of lading
SOGA 61(1)
DEFINES COPERAL MOVABLES AS SPECIFIC GOODS.
Unascertained goods - no stat def
soga s.16-18
transfer rules
s.16 the specificity principle- that ownership of goods cannot be transferred UNTIL the goos ARE ASCERTAINED.
s. 20A subject to bulk goods
s. 17 delivery when parties intend mutual intention is required
s.18 soga
5 rules unless a different intention appears.
1. where contract for specific goods in deliverable state. ownership passes when contract made
2+3 where in relation to specific goods the seller has A. to put the goods into a deliverable state B. weigh measure ect ownership does not pass until buyer informed
4relates to goods delivered to the buyer on approval or on sale or return
5 where contract is on unascertained goods goods by description. assent must be expressed by the buyer either express or implied before or after appriation of goods to contract (appropriation by exhaustion: rules 5(3)(4)
armour v thyssen
retention of title clause
s.21(1) soga
nemo plus rule
PERSONAL BARR
operates where owner allows another to appear as owner and a 3rd party purcheses from that person in reliance on his apparent ownership
transfer of that title is not what it is worth
s.25 SOGA
buyer in possession
where the seller is in the process of buying the goods from the owner and has pos but not ownership he can pass title to bone fide third party
national employers mutual gen insurance association ltd v jones
DEFEATS RETENTION OF TITLE CLAUSE
S.24 SOGA
where the seller is in the process of buying the goods from the owner and has pos but not ownership he can pass title to bone fide third party
cars subject to hire purchase agreements
craufurd v royal bank
money good faith acquirer becomes owner of coin and bank notes
voidable titles and the protection of good faith
a voidable is good unless it is avoided. v. rare.
s.23 if transfer voidable title to a person in goodfaith then they receive an unchallengable title
maclrod v kerr
competition of title and offside goals
subject to the prior tempore potior jure rule