Contract of sale Table of content 1. The seller’s duty to protect 2. The seller’s duty to deliver 3.1 The meaning of delivery 3.2 How delivery occurs 3. The seller’s ability for latent defects 4.3 General principles 4.4 Requirements for liability 4.5 Scope of the seller’s liability 4.6 Waiver at the time of conclusion of the agreement 4.7 Latent defects in repairs 4. The manufacture & dealer’s liability for latent defect 5
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Maritime Sales Contracts Contracts between vessel owners and charterers concerning the water transportation of goods are technically known in admiralty law as "contracts of affreightment". The charterer agrees to pay a freight charge for cargo space. The voyage‚ amount of cargo space‚ and time of delivery will all be covered by the contract. One common type of contract is the “voyage” charter. This type of charter usually concerns the hire of a vessel‘s entire cargo space for one or more specific
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of Sales Contract Performance and Breach of Sales Contract Quynh Nguyen Upper Iowa University BA 302: Business Law Instructor: Paul Croushore Jun 3‚ 2009 Sales Contract: A sale occurs when there is an exchange of goods or other property from the seller to the buyer for money. In order to create in each party a duty to do or not to do something and a right to performance of the other’s duty or a remedy for the breach of the other’s duty‚ we need to set up a contract. Obligations of
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CAUSES OF EXTINGUISHMENT OF OBLIGATION 1. Payment or performance 2. Loss of the thing due 3. Condonation or remission of the debt 4. Confusion or merger of rights of creditor and debtor 5. Compensation 6. Novation I - PAYMENT OR PERFORMANCE PAYMENT means not only the delivery of money but also the performance‚ in any other manner of an obligation. How must the payment be made? 1. There must be delivery of the thing or rendition of the service that was contemplated. a. The debtor of a thing cannot
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2.0 RIGHTS OF UNPAID SELLER AGAINST THE GOODS The operation of the seller’s right over the goods in the Act is dependent upon the being ‘unpaid’. Section 45‚ the seller of goods is deemed to be an “unpaid seller” within the meaning of this Act- a) when the whole of the price has not been paid or tendered; b) when a bill of exchange or other negotiable instrument has been received as conditional payment‚ and the condition on which it was received has not been fulfilled by reason of the dishonour
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either the present condition of a system or entity‚ or to a governed entity government is the system by which a state or community is governed. Rights and Obligations of the State Article 1 is all about national territory Article 2 Declaration of Principles and State Policies Article 3 Bill of rights Article 4 all about citizenship Article 5 Suffrage(Right to vote) Article 6 Legislative Department Article 7 Executive Department Article 8 Judicial Department Article 9 -Common Provision(Section
Free United States Constitution Federal government of the United States Separation of powers
Contracts II‚ UCTA and SGA ! Is everything in a contract a term?! ! Trader’s puffy - typical exaggerating advert statements.! Representations - a statement of the fault that persuades the other party to enter into the contract. ! The court takes into account four factors in deciding whether a stamens is part of the terms or just presentation. ! 1. The parole rule: written contracts - only the terms included in the written contract document are terms; any verbal statements will be representations
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Imraan Steyn and Vernon Parnell entered a contract of sale (orally)‚ where Steyn sold his white BMW to Parnell. Both agreed on a purchase price of R10 000. Parnell briefly inspected the interior and exterior of the car and started the engine‚ he approved of the car and decided to buy the car. Parnell paid the full purchase price of R10 000 to Steyn. Later that week‚ Parnell experienced major problems with car when the engine fell out‚ he had his mechanic inspect the car. The mechanic found that the
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report will examine the contract between Millie‚ the seller‚ and Frank‚ the purchaser and the possibility of breach of contract. Impossibility of Performance There are times when someone has good intentions when agreeing to a contract but circumstances beyond their control occur. The impossibility of performance is such an instance. The Impossibility of performance is broken into three types of situations that may make it possible to discharge contractual obligations. Impossibility of personal
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Alexis Pizano November 22‚1014 Period 6 1. “Calpurnia tells you‚ you do as I tell you‚ and as long as your aunt`s in this house‚ you will do as she tells you 2. “Scout...I’m scared.” “Scared of what?” “Scared about atticus. Somebody might hurt him.” Ch.14 page.182 ¶.1 Wc.77 Ch .14 Page. 197 ¶.12 wc. 92 (C) When I was a little kid i hated when people told me what to do and i never liked it because everyone bossed me around and making me do
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