What Are the Requisites of Contract of Sale Mcq

22 (1) If there is a contract for the sale of certain goods or if goods are subsequently awarded to the contract, the seller may reserve the right to dispose of the goods until certain conditions are met by the conditions of the contract or use, and in that case, notwithstanding the delivery of the goods to the buyer or to a freight forwarder or other guarantor for transmission to the buyer, Ownership of the goods will not pass to the Buyer until the conditions imposed by the Seller are met. Article 2. If there is a contract for the sale of certain goods and the seller is obliged to do something with the goods in order to put them in a deliverable condition, ownership does not pass until this is done and the buyer has taken note of it. None of this, but such a conditional agreement, never becomes a sale. (2) The standard of damage is the estimated damage that results directly and naturally from the breach of contract by the buyer in the normal course of events. (2) If there is a contract for the sale of goods to be delivered in several specified instalments, which must be paid separately, and the seller makes defective deliveries in one or more instalments or negligence or the buyer neglects or refuses to accept or pay one or more instalments, this is, in any event, depending on the terms of the contract and the circumstances of the individual case, whether the breach of contract is a rejection of the entire contract or whether it is a divisible breach that gives rise to a claim for damages, but not to a right to treat the entire contract as rejected. R.S., c. 408, p. 33. (3) An acceptance of goods within the meaning of this article exists when the buyer takes a measure relating to the goods that recognizes an already existing contract of purchase, whether or not there is an acceptance in the performance of the contract. R.S., c. 408, p.

7.50 (1) If, on the basis of a contract of purchase, ownership of the goods has been transferred to the buyer and negligent or if the buyer refuses to pay for the goods in accordance with the terms of the contract, the seller may take legal action against it because of the price of the goods. (2) If, in accordance with the purchase contract, the seller is obliged to send the goods to the buyer, but no time limit is set for shipment, the seller is obliged to ship them within a reasonable time. 32 (1) If the Seller supplies the Buyer with a quantity of goods less than that of the Seller responsible for the sale, the Buyer may reject it, but if the Buyer accepts the goods so delivered, the Buyer must pay them at the rate of the contract. 5 (1) In this section, the term „necessities“ means goods that correspond to the state of life of that infant, minor or other person and the person`s actual needs at the time of sale and delivery. 11 (1) The price of a contract of sale may be determined by the contract, may be determined in the manner agreed with the contract or may be determined by the course of business between the parties. 3. Where a contract is available for the products concerned, the compensation measure shall be determined prima facie on the basis of the difference between the contract price and the market price or the current price at the time or dates on which the goods should have been accepted or, if no acceptance period has been set, at the time of refusal of acceptance. R.S., c. 408, at p.

51.c) The term „contract of purchase“ includes both a contract of sale and a contract of sale; 2. This Section shall apply to any such contract, notwithstanding the fact that the goods are to be delivered at a later date or cannot actually be manufactured, purchased or made available at the time of conclusion of the contract or that they are appropriate or ready to be delivered or that an act is necessary for the manufacture or completion or offers the same delivery capacity. (2) If the price is not determined in accordance with the above provisions, the buyer must pay a reasonable price, and what is a reasonable price is a question of fact that depends on the circumstances of the individual case. S.R., um 408, S. 11. 14 (1) If a purchase contract is subject to a condition to be fulfilled by the Seller, the Buyer may waive the condition or choose to treat the breach of that condition as a breach of warranty and not as a reason to treat the contract as rejected. (3) If, under a purchase contract, ownership of the goods is transferred from the seller to the buyer, the contract is called a „sale“, but if the transfer of ownership of the goods is to take place at a later date or under a later condition, the contract is called a „purchase contract“. (2) Unless otherwise authorized by the Buyer, the Seller shall enter into a contract with the Carrier on behalf of the Buyer, which is appropriate having regard to the nature of the goods and other circumstances of the case and, if the Seller fails to do so and the goods are lost or damaged during carriage, the Buyer may refuse to: to treat the delivery to the carrier as a delivery to itself, or to hold the seller liable for damages. (c) an implied warranty that the Goods are free from fees or charges in favour of third parties that are not explained or known to the Buyer before or at the time of the conclusion of the contract. S.R., ca. 408, p.

15; Revision corrected in 1998. (2) If, on the basis of a purchase contract, the price is payable on a given day, regardless of delivery, and the buyer neglects or refuses to pay such a price, the seller may maintain a claim on the price even if ownership of the goods has not been transferred and the goods have not been assigned to the contract. R.S., c. 408, p. 50. (2) Where a person who has sold goods, continues to supply or holds the goods or the ownership documents on the goods, delivery or transfer of the goods or ownership documents by that person or by a commercial agent acting on his or her behalf in connection with a sale, pledge or other disposition to a person who receives them in good faith and without notice of the previous sale, have the same effect as if the person making the delivery or delivery had been expressly authorized by the owner of the goods to manufacture them. (l) `sale` means a good deal and a sale, as well as a sale and delivery; (2) whether a provision of a contract of sale is a condition the breach of which may give rise to a right to treat the contract as rejected, or a guarantee the breach of which may give rise to a claim for damages, but not a right to refuse the goods and treat the contract as rejected, depends in any case on the interpretation of the contract and a provision can be a condition: although it is mentioned in the contract as a guarantee. (d) in the case of an auction, it may be communicated that it is subject to a reserved or angry price, and a right to bid may also be expressly reserved by or on behalf of the seller; Section 5. (1) If there is a contract for the sale of goods of indefinite or future duration by description and goods of that description and in a state of delivery are transferred unconditionally to the contract either by the seller with the buyer`s consent or by the buyer with the seller`s consent, ownership of the related goods shall pass to the buyer, and such consent may be express or implied and may be given before or after the performance of the attributions. (b) if the Buyer does not notify the Seller of its consent or acceptance but retains the Goods without notice of refusal, then if a time limit has been set for the return of the Goods, after the expiry of that period or, if no time limit has been set, after the expiry of a reasonable period of time and a reasonable period of time, a question of fact. . .