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SALES Quiz

Sales Quiz Risk of loss and breach of contract of sales of goods

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Sage Lingatong
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0% found this document useful (0 votes)
119 views4 pages

SALES Quiz

Sales Quiz Risk of loss and breach of contract of sales of goods

Uploaded by

Sage Lingatong
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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—_LINGATONG, SAGE RAINELLEA SALES 46 - Quit : I. “What art the actions fr breach of contract of sale of goods anngtatle the Seller? tXplain how and when cach rematdy can bt quailtd of. Re folowing art He actions for breach of contract of vale of goo aueulable » He weller ; ag provided 2y law * (a) action by the seller tr payment of the pr'ce CW when the ounecthip of the goods hag passed t0 the bayer and he vermng folly neglects or Hfuats fe Pay fic te price according te the teams of He ondect, He vellee mag maintain an action against himn for te price of te fonds (ii) hue pria if pagadle. on a certaun day, Intypectre af cllieey or tansfer of tHe, and the buyer wrongfully naglectr or oa fers be pay the ollie may maintain ou action fr He. pte athaugh the creishie in the gords hus wot paired” if goods cannot readily bead fr a reasmnale fra, haiti of tunuahip had mot ported and if the prowains of. Anttole IMG (4) art not appliadt, eclber may offer to alelirte the goed to the buyer; (i) if buyer refuses h recuire ta good, selbe moog notify te buyer thathe holla the gonclt a4 bailte for the attr, Tharp, tha eller many ttt the goreld as Ha louapers oud nacintoin a a Clam for the price; (0) actin oy he celler fr damages (i)_mhen the buyer mrongfully neglect or refuses 1 eCapt and paid for the goods; (I)_in an txeuxtory contract, where the ownership jin thy goods Lag natpartd, and tht Elltr cannot aaintain an action h weove Scanned with CamScanner LINGHONG Ht price +68 (G)_ if Ho gents out mat ye identified gf He fine of the. combact or cakaqueatiy, the luc’ right is nawstamly Cmpaed 1 an atin fr damnages . (O_achon of He seller to rescind a combaef of sale of peels bifere. dubirery. oy gning napice of his ection to JS6eh rescittion : wa buyer het repudlialid the conta ct of ole; WO wi bunpir has many feattd Wir inability Wis _ oMiaabion trend; a mnie Cen he bye fa commute a breach of Re cothact of ole 2. What ont the. actions for breach of contact of sale of goads awaiiable to the buyer? CXplain how and nbn each renady un be awaited sf The felting art the acters for beach of contatt of rake of goes curaslabte the, puiptr 0a prided for by law: (@)_achun ty te bumper for speuific performance ~ Hs ohn is anag litte only whiee the gers t be dlivered art spetific or ascertained. on the applicalim of bbe bayer, the lowed mau ditect the cantrnct p be Performed speufically witht giving He telly the, option 6f- vethining the gooolt on_paymuat of ocumages: (b) actin by the buyer fir tegstO or damages for breach of wowreunty (iD remedies of buyer for when the luc hoa beun guilty of a breach of pramiee. or ramanty, : accept the qoools_and sth up the ocller’s preach fo reduce or getinguish the price; > accept the goods and main an action for damages for Te breach ef fhe Wananty j ~ refine tb accept the goods amd praintain an actin for Scanned with CamScanner UNGAR NS damages frr te breach of fo. wamanty, ~_rtstiind He canal of cle by rtdumitor offering tHe relive Of the qed, andl recover the price or anny part thueof Mich hed been paid 3. What is risk of Joss? who hal He HSK of 15S ina antat of ale? Erplain thoreughly. Under He (am, a ting i emsidened lost when it perishes, qoes_eut of commerce, or divagptarsin such a way hat iif enstnce iS Unltowmn or cannot be reprered. Tare are four rls with regard t nth of (065° if Re thing is lst before perfection of He conbact : = Pht fhaing perithes withs the ownte 5 the seller bill onnr e Hing became Hee it me dehirery or ansfer of owntslyp et - Tee the Suler bears th nk of (ors (2)_if she thing is lost at Ke Hene of perfection of rhe ona § - pte thing is leat @ntirely, the confract iv withaut effect ~ if te thing should hawt. beta (ort mt Inpact on _ He buyer may chsont belwten withdrawing Te conbract or demoancling He, Hemaining port, paging lis propertinate pre = the contract 35 omsidiced yoid or inexistent because tre objet did not exict atthe time of the transaction. - ~ Thertfine, the seller bears the risk of lost ag he buyer /s not bound 1 pay the purchadt price if the thing iv coatey Joek at the time of perfection ¢ ombnct; if he thing / (oftin part at Hot tne of peofetin, tha sellur also bears te ritk of [oss for the bayer may withdron! fam The venfract er confine with the contact Scanned with CamScanner LING ATEN G3) if te thing is ast afke perfection but before its cetivory (a) in te cat of fost, he geatred mike ir Hat wha bears te nick of [ete i gerecned by He stipufatins in Ae ornbract = kavetree, in the abtence of stipnlatin, a) we buaer bears the nist of hsS a4 an oxaption to the rake, fret penit derwind (ii) the teller bears the witk of (oss if the thing rr lost other perfection bat befere clelivery : > if the thing deat is ost thavugh He_foslt of te SUlluc or when the oblier delays; - if the thing lest is genunic hing ; = if fe things tort are fngoitle Hin gs id fer 4 fred pre According weight, number eo meapurt; ANd ~ if the thing fost fable andor the definition of ‘goods if He Hang iC fet due # Rrturtud event (b) in case of daferivratin, impairment ir borne by te buyer if the Haing cleferioralis nitheut the fall of te celler if it olahriomeles sHeough te fault f Re hebty, He orediter may hort belireen the resciteron of He obligation _ and its fulfillavent, with incewnity for claim ages in eiker Cae ___) if Be _thing 16 leat offer cadirerg > He _buuger tas He risk of It since the mult of rer gent donsino applics 04 a ginoral nt “howerer, Hage art excephet (2 stare clthivery hea been made cittur t te buyer er to te bailte Bir te buyer, but ounerrhip ofthe goods bow been repaired by te sell marly 8 Harr primate by &biger of hi Mig ahing tydler the coeci-en ety ano Gi) where actual olireey has bron delayecl Hroagh th fl of either te haiper ov eellr, the goods are at He vit of te party 20 fault: Scanned with CamScanner

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