Effect of Strategic Management on Organization Performance

1. other things like delivery of goods etc. Transfer of title-Sections 27-30 Sale by mercantile agent Sale by one of the joint owners Sale by a person in possession under a voidable contract 2 Dr Subhash Gupta 2. Sales of Goods Act Sale by one who has already sold the goods but continues in position thereof Sale by buyer opting possession before the property in the goods vested in him Sale by an unpaid seller Sale under the provisions of other Acts Transfer ownership and delivery of goods Passing of property-Sections 18-26 Essentials of appropriation Reservation of right to disposal-Section 25 Passing of risk-Section 26 Exceptions to the doctrine of “Caveat Emptor” Sale and agreement to sell (points of distinction) (i) Nature of Contract (ii) Transfer of ownership of property (iii) Types of goods or nature of property transferred (iv) General and particular property (v) Consequences of breach (vi) Risk of loss (vii) Seller’s right of reselling the goods (viii) Seller’s insolvency (ix) Buyer’s insolvency Sale and Hire-purchase Agreement • Nature of contract and ownership • Termination of a contract • Implied conditions and warranties • Payment in installments 3 Dr Subhash Gupta 3. Sales of Goods Act • Insolvency of the buyer and risk of loss • A sale is subject to the imposition of sales tax at the time of a contract of sale while sales tax is not leviable on a hire purchase until it is finally converted into a sale. Sale and bailment Sale and barter exchange Difference between a condition and a warranty (a)Purpose (b)Difference as to breach (c)Difference as to treatment (d)Essence of the contract of sale (e)Damages Express & Implied conditions in a contract of sale (Sections 14-17) a. Condition as to title [Section 14(a)] b. Condition as to sale by description [Sec.15] c. Condition as to sale by description as well as by sample d. Condition as to sale by sample [Section 17] e. Condition as to quality or fitness [Sec. 16(1)] f. Condition as to