CONSUMER LAW SALE OF GOODS ACT Sale of Goods Act applies to all contracts for the sale of goods whether it be a commercial contract between two companies or two individuals for the supply of goods or the sale of everyday items. A contract of sale of goods is defined as a contract whereby the seller transfers or agrees to transfer the property in the goods to the buyer for a money consideration called the price. In every contract for the sale of goods there must be the ordinary elements of a
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INTRODUCTION. HIRE-PURCHASE LAW Hire Purchase Agreements under which Hire-purchase price does not exceed the sum of four million shillings (4‚000‚000/=) or such other higher or lower sum as the Minister may‚ after taking into account market forces from time to time prevailing‚ prescribe". - A person who wants to buy goods‚ but does not have sufficient monetary consideration as the price may enter into an agreement with the owner of goods‚ so that the owner may hire the goods to him with a view
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Question a) Step One The principle of law is that for a valid contract to be formed there must be an agreement reached by both parties. Step Two There are three main elements for the formation of a legally binding contract‚ intention‚ agreement and consideration. The requirement that requires discussion here is the existence of an agreement by the parties to enter into a legally binding contract. An agreement means a consensus on at least those essential terms needed for a workable transaction
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SALE OF GOODS Nature and Sources of Sale of Goods Law It is principally to be found in the Sale of Goods Act Cap 31 and certain propositions of the English Common Law. The Kenyan Sale of Goods Act is a replica of the English Sale of Goods Act of 1893 as passed in 1963. In addition to the Sale of Goods Act‚ the general rules of contract law apply to contracts for sale of goods. Contract of the Sale of Goods S.3 (1) of the Sale of Goods Act defines a contract for the sale of goods as ‘a contract
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Unit- 5 Indian Sale of Goods Act‚ 1930 1. Contract of Sale – Meaning A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price. There may be a contract of sale between one part-owner and another [Sec 4(1)]. A contract of sale may be absolute or conditional [Sec 4(2)]. The term ‘contract of sale’ includes both a ‘sale’ and an ‘agreement to sell’. 2. Essentials of a Contract of Sale (Refer text for details)
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1.0 Introduction 1.1 Consideration Consideration is also known as element of exchange. To be a contract‚ the transaction must be supported by consideration. According to general rule‚ s. 26 of CA state that an agreement made without consideration is void. We can define consideration as the price paid for benefit received or is an exchange of promises. It means that something with monetary value‚ voluntarily exchanged for an act‚ benefit‚ forbearance‚ interest‚ promise‚ right‚ or goods or services
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promises that form contract * Implied: * Implied in fact (implied): Requires conduct of one or both of the parties to form contract. Contractor goes to wrong house and redoes driveway. Owner watches. Contractor submits bill to owner and owner states they did not ask for it to be done. But because of conduct (owner not stopping) contract was formed. (Ex: Woman brings older daughter to dance‚ teacher and mom allow younger daughter to dance with them every day—implied in fact contract mother liable
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Returning the parties to the position they were before the contract was set. It is also known as equitable remedy. ! ! Terms: conditions‚ warranties and innominate terms! ! Traditionally‚ contractual terms are classified as either conditions or warranties. Innominate terms was created in the Hong Kong Fir Shipping. ! ! Conditions Warranties Innominate terms It goes to the root of the contract. If a condition is breached the innocent party is entitled to
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ENGLISH Apple Inc. Software License Agreement for iTunes for Windows Please read this software license agreement ("License") carefully before using the Apple software. By using the Apple software‚ you are agreeing to be bound by the terms of this License. If you do not agree to the terms of this License‚ do not use the software. If you do not agree to the terms of the License‚ you may return the Apple software to the place where you obtained it for a refund. If the Apple software was accessed
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Despite taking adequate precautions‚ there have been instances of food poisoning or food related illnesses. If you also have been a victim of food poisoning‚ you may wonder if you have a claim case. To determine if you have a case‚ you should consult Personal Injury Lawyer Ottawa. While filing the injury claim case‚ you have to remember that the time delay between eating the food and the onset of food-related illness may hamper your case. It may also make it difficult for you to pinpoint the exact
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