NOTES


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The Sale of Goods Act, 1930 - Transfer of Property (Old & New) Notes

Q1. Aadesh agreed to purchase 100 bales of cotton from Vikas from his large stock. Aadesh sent his men to take delivery of goods. They could pack only 70 bales. Then there was accidental fire and the entire stock was destroyed, including the 70 bales that were packed. Who will bear the loss and to what extent.

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Q2. Why is necessary to determine the precise moment of time at which the ownership of the goods passes from the seller to the buyer.

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Q3. Aman delivered some jewellery to Vinod on sale or return basis. Vinod pledged the jewellery with Mihir. Aman want to claim back the goods from Mihir. Advice.

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Q4. Define Mercantile Agent as defined in the Sale of Goods Act, 1930.

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Q5. Explain the law related to passing of risk in case of the sale of goods.

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