Business Law Assignment Sales of Goods Act
Students should be able to carry out the tasks which have been given below to show evidence of understanding the legal rules relating to Sale of Goods in L01, Consumer credit and Agency L02, Competition Law L03 and Intellectual Property L04
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Added on 2019-12-18
Business Law Assignment Sales of Goods Act
Students should be able to carry out the tasks which have been given below to show evidence of understanding the legal rules relating to Sale of Goods in L01, Consumer credit and Agency L02, Competition Law L03 and Intellectual Property L04
Added on 2019-12-18
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Table of ContentsINTRODUCTION....................................................................................................................................................3TASK 1.....................................................................................................................................................................31.1 Implied condition related to sales of goods act.............................................................................................31.2 Statutory provision related to transfer of property........................................................................................41.3 Remedies of buyers and sellers.....................................................................................................................51.4 Legal and statutory provision related to faulty goods...................................................................................6TASK 2 ....................................................................................................................................................................62.1 Types of credit agreement.............................................................................................................................62.2 Rules on termination of right........................................................................................................................72.3 General feature of agency and different types of agents..............................................................................72.4 Duties as well as agents................................................................................................................................8TASK 3.....................................................................................................................................................................93.1 Monopolies and anti-competitive practices related to UK...........................................................................93.2 Role of competition commission in fair trading of UK. ............................................................................103.3 Dominant within EU market. .....................................................................................................................103.4 Exemption to the anti-competitive practices..............................................................................................10TASK 4...................................................................................................................................................................104.1 Different forms of intellectual property rights............................................................................................104.2 Principals relating to protection of patent...................................................................................................114.3 Principals relating to copyright protection..................................................................................................124.4 Compare and similarities among trade mark and business name...............................................................12CONCLUSION......................................................................................................................................................12REFERENCES.......................................................................................................................................................14
INTRODUCTIONBusiness law is the legal term which is related with the law of contract. In this two ormore parties are contractual relationship with each other and they are liable to follow dutiesand liabilities. It defines various rules and regulation which have to be follow by the parties.The present report is related with Sales of goods act in which two parties name called sellerand buyers comes in the contractual relationship with each other. Seller is responsible todeliver best quality of products and services to their customers. They have to provide goodsas per the description which is send by customer at the time of place an order. Agency lawalso define various types of rules and regulation. In this legal process two parties are involvename called agent and principals (Bebchuk and Jackson, 2011). Agent is the person who acton behalf of their principals and responsible to follow instruction provided by them.Intellectual property right are provided by the government to every person who want to safeand secure their business names and trademarks. Competition commission is able to framesome policies which are related with the competition. TASK 11.1 Implied condition related to sales of goods act.On the basis of Sales of goods act, 1979, there are two parties name called seller andbuyer. Seller is the person who deliver goods to their customers and try to attract them aswell. On the other hand, buyer is the person who purchase goods from seller and pay price forit equal to the amount which they decided previously at the time of delivery of specificproducts. They both are comes in the contractual relation and try to fulfil duties which areimposed on them according to law (Bishara and Westermann‐Behaylo, 2012). Seller is theperson who empowered by the legal authority to sale the goods and services to theircustomers and try to meet their level of satisfaction as well. As per the given scenario, Ben isthe person who act an buyer. He purchased car from car dealer. Dealer tells him that car hasonly one dealer and its driven only 18,500 miles. In order to show his seriousness Ben send150 pounds to him in advance which are not refundable. After buying the car he went withhis family for a drive. On the way of destination he realised that engine of car is not workingwell and also it has two owner rather then one owner as defined by the car dealer. After thatBen wants to return car, but dealer refused to accept the same because according to clause 9,
buyer is responsible to check goods before purchase after that there is no responsibility ofseller. And this written document is signed by the Ben (Cantwell, Dunning and Lundan,2010). As per the Sales of goods act, 1979, there is implied condition that seller isresponsible to deliver best quality of goods and services to buyer. At the placed an order anbuyer send description to seller so that he is responsible to deliver goods accordingly.Section 14 says that the quality of goods must be better and able to their level ofsatisfaction.Case: In the case Harlington & Leinster v Christopher Hull Fine Art, 1991, the goods whichare defendant are not best quality. As quality of product is not meet with the level theirstandard expectation. 1.2 Statutory provision related to transfer of property.Government framed some rules and regulation which are related with the transfer ofproperty and possession (Cantwell, Dunning and Lundan, 2010). These can be mentionedunder the section 18 to 25 which are mentioned below:Determination of product- The goods and services which seller is going to deliver tobuyer must be determine then transfer to customer. According to section 13 the productwhich deliver by seller must comply with the description as provided by the buyer at the timeof place an order. Intension- As per the law, the intension of parties must be present in every contract.According to given scenario, Ben show his seriousness by providing 150 pounds in advancewhich are not refundable (Colpan and Hikino, 2010). If intension is not present in anycontract then the contract is not enforceable by law. Product- It is the subject matter on which the contract is framed and both partiesresponsible to follow their duties which are imposed in them. As per the section 12 of Sales of goods act, 1979, seller have a right to sale to goodsand able to earn profit as well.On the basis of this act, buyer have to provide description to seller they have a right toreceive product accordingly.
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