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Report on Sales of Goods Act and Competition Act

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Added on  2019-12-18

Report on Sales of Goods Act and Competition Act

   Added on 2019-12-18

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BUSINESS LAW
Report on Sales of Goods Act and Competition Act_1
Report on Sales of Goods Act and Competition Act_2
INTRODUCTION
Every organization needs to follow all rules and regulations which are framed by the
government. They have to focuses on the law and must comply with the rules and
regulations. The present report is related with sales of goods act, Competition act, formation
of agency and intellectual property rights. Various types of laws are having impact on the
existence of company. According to the sales of goods act every seller is responsible to
provide goods and services according the description which is provided the buyer at the time
of placed an order. Agency is formed by two parties such as principals and agent. The person
who perform act on behalf of their principals is known as agent.
TASK 1
1.1 Implied terms related to the sales of goods.
According to sales of goods act 1979 every seller needs to provide goods and services
on the basis of description which is send by the buyer at the time of placed an order. Also
various types of laws and regulation are mentioned this act which have to be fulfil by them.
In the given scenario, Ben is wants to purchase car from dealer which having good condition.
He read an advertisement and purchased an car from dealer (
Folsom and et. al, 2012). In order to show his seriousness about the car he paid 150 pound to
the dealer which is non-refundable. After purchase the car he went with his family and
realised that its engine is not working and car has two owner rather then one owner. After that
he wants to returned back the car to dealer but dealer refused to accept on the ground that Ben
has signed clause which is provided by the seller in which mentioned that, ' buyer have to
check car before purchasing after seller is not responsible for the same'. According to the
sales of goods act, 1979 there is an implied agreement that seller has to provide better quality
of goods and services to their buyers.
1.2 Statutory provisions which are related to property and possession.
On the basis on sales of goods act, various types of rules and regulation are specified
which have to be fulfil by them which are mentioned under the section 18 to section 25
(Mann and Roberts, 2011). these some provisions are as follows:
Goods must be determined- According to this provision, it has been analysed that
goods must be ascertained other wise it not be transferred to the buyer of goods.
Report on Sales of Goods Act and Competition Act_3
Intention of parties- This factor plays an important role in every contractual
relationship which is created among two or more parties (Spalding, 2011). In the given
scenario the intention of Ben and car dealer are clearly specify in order to comply with the
rules and regulation.
Specific products- In case of unconditional contract which is mentioned a under the
sales of goods act that specific goods must be provided to buyer.
The seller must be comply with all rules and regulations which are related to the
delivery of goods and services. According to the given scenario, car dealer must be provided
related information in respect of deliver of goods and services.
Also, buyer have to check goods after purchasing otherwise there is no responsibility
of seller. In the given scenario Ben has to check car before buying it like engine motor, owner
of car etc.
1.3 Statutory provision on the remedies for seller and buyer in the sales of goods act.
In opinion of the legal advisor in a Citizen's Advise Bureaux, it is stated various types
of remedies for both buyer and seller are as aligned below:
Buyer's remedy-
In case goods and services are not meet with the standard quality or not according to
description which is provided by them so that customer having a right to reject goods (Siedel
and Haapio, 2010). According the given condition Ben having a right to return car.
Buyers having a right to file case against buyer seller refused to deliver goods
and services on time which is discussed previously. For example; 'A' promises
to 'B' deliver car with 5 days but he refuses to do so. In that 'B' having a right
to file case seller.
In case of breaches of warranty, then buyer having a right to claim damages.
Seller's remedy-
In case of non-payment of price by the buyer, then seller having a right to file case against
customers (Appleman, Appleman and Holmes, 2015). For example; If A purchased a bike
from B but at the deliver of delivery of goods A refused to pay agreed amount in that case
can sue for the damages.
At the delivery of goods and services buyer refused to accept goods and
services. Then seller is able to take corrective action against them.
Report on Sales of Goods Act and Competition Act_4

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