Sale Of Goods Flashcards
Sec 1
Defines sale of goods contract
Sec 1 sub 3
Differentiate contract of sale and agreement to sell
Sec 1 sub 4
States when an agreement to sell becomes a sale ie even time has elapsed or conditions are met
Sec 62
Defines goods as chattels personal
Emblements, industrial growing crops
Things attached or forming part of land that would be severd before the sale
Howell v Coupland
200tons pf potatoes to be grown on a specific land they are ascertained
Sec 62 sub 1
Defines specific goods
Re wait
The wheat had not been identified therefore it is unascertained
Unascertained goods
In existence but not identified
Existing goods
Specific and unascertained
Kursell v timber operators and contractors ltd
Sold timber that would be harvested in 15 yrs not specific but unascertained
Sec 5(1)
Defines future goods
Good to be manufactured after the contract has been made
Sainsbury Ltd v Street
Contract for sale of 270tons of barley but the harvest turned out poor and yielded 150tons the seller sold it to others for higher price(contingent goids)
Aldridge v Johnson
Part money part goods as price
Aldridge v Johnson
Part money part goods as price
Sec 8
Price should be fixed by the contract
May and butcher Ltd v r
No consideration of price no contract
Sec 62(2)
Delivery is the voluntary transfer of possession from one person to the other
Actual delivery
Physical transfer of goods
Constructive delivery
Transfer of legal right to obtain goods
Keys to a warehouse
Bill of laden
Deed of a land
29
Place of delivery
Sheldon v cox
Where value is put on goods it can be considered as sale even if price is not money
Condition
Forms the bases of a contract
A party can repudiate the contract if there’s a breach of condition
Warranty
An innocent party can only seek damages for breach
13kssgl 11sga
Where a contract is subject to a condition that must be fulfilled it is not enough that the goods have been supplied but the supgoods must fulfill the condition