100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
The Scope of the Sale of Goods Act 1979 £0.00
Quickly navigate to
Preview
  2.  
  3. Durham University (DUT)
  4.  
  5. Law LLB
  6.  
  7. Commercial Law

Study guide

The Scope of the Sale of Goods Act 1979

1 review
 126 views  4 purchases

This summarizes the legislation and key concepts with special reference to the Sale of Goods Act 1979 (SGA 1979). This is the most important source of law in commercial law. It gives a summary of the requirements for a contract for a sale of goods, needed for any exam on commercial law.

Preview 1 out of 3  pages

Document information

  • September 16, 2019
  • 3
  • 2017/2018
  • Study guide

Subjects

Written for

All documents for this subject (8)

1  review

review-writer-avatar

By: john2628 • 3 year ago

Seller

avatar-seller
phoebecottam5

Reviews received

Content preview

The Scope of the Sale of Goods Act 1979

SGA applies to “contracts of sale of goods” (s.1)

SGA 1979, s.2(1)
“A contract of sale of goods is a contract by which the seller transfers or agrees to transfer
the property in goods to the buyer for a money consideration, called the price.”

Essential components of a contract of sale of goods:
4 things that need to apply for the sale of goods act to apply.
1. Contract

2. Transfer of property or agreement to transfer property

3. Goods

4. Money consideration – has to be money not a trade, must be money changing
hands or act does not apply.

1. Contract

Must be entered into voluntarily – NORWEB – SGA couldn’t apply because
statute intervened in the contractual process.

SGA 1979, S61
‘Contract of sale’ includes sale and agreement to sell

SGA 1979, s.2(3)
‘may be absolute or conditional’

Does cover:
Absolute – I offer a pound for your coffee, exchange, deal done
Conditional – performance of contract delayed until conditions are met
Credit sale agreement – price paid in instalments, but title immediately passes to buyer.

Doesn’t cover:
Hire purchase contract - pay in instalments, once pay final instalment
have the option to purchase the goods. Helby – not covered by SGA
Charge/mortgage – not covered

2. “…the seller transfers or agrees to transfer the property…”

Transfer of property:
SGA 1979, s.61(1)
“the general property in goods, and not merely a special property”.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller phoebecottam5. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £0.00. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

80796 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now

Start selling

Recently viewed by you

Summary ·

(0)

theorie neurokine 2

Free  4x  sold
  • (1)
Download