logo

Business Law TABLE OF CONTENTS INTRODUCTION 3 TASK 13 1.1 Advis to mount on the legal implicit terms associated with sales of goods act. 4 1.2 Statutory provision on buyer's and seller's rights

15 Pages5206 Words171 Views
   

Added on  2020-02-03

About This Document

Business Law TABLE OF CONTENTS INTRODUCTION 3 TASK 13 1.1 Advise to mount on the legal implicit terms associated with sales of products act. 3 1.3 Remedies of buyer's and seller's in sales of goods act.4 1.4 Statutory provision on patron and vendor.4 TASK 25 2.1 Different form of credit agreement. According to the sale of goods act 1925, this act states that when sellers are transferring any property to buyer, then itistheir responsibility to state all description about

Business Law TABLE OF CONTENTS INTRODUCTION 3 TASK 13 1.1 Advis to mount on the legal implicit terms associated with sales of goods act. 4 1.2 Statutory provision on buyer's and seller's rights

   Added on 2020-02-03

ShareRelated Documents
Business Law
Business Law TABLE OF CONTENTS INTRODUCTION 3 TASK 13 1.1 Advis to mount on the legal implicit terms associated with sales of goods act. 4 1.2 Statutory provision on buyer's and seller's rights_1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................31.1 Advise to mount on the legal implicit terms associated with sales of products act..............31.2 Statutory provision on the transfer of property.....................................................................31.3 Remedies of buyer's and seller's in sales of goods act..........................................................41.4 Statutory provision on patron and vendor.............................................................................4TASK 2............................................................................................................................................52.1 Different form of credit agreement.......................................................................................52.2 Rules on termination of rights...............................................................................................52.3 various sort of agent..............................................................................................................62.4 Rights and duties of agents and principals............................................................................7TASK 3............................................................................................................................................73.1 Monopolies and anti competitive legislation in UK.............................................................73.2 Competition commission with the context of monopolies and anti-competitive..................83.3 Dominant position inside the EU market..............................................................................83.4 State of affairs in which exemption is render to them..........................................................9TASK 4............................................................................................................................................94.1 Assorted norms of intellectual property................................................................................94.2 Principals which are related to the protection of interventions...........................................104.3 Principals that associated with protection of copyrights and legal rule for forestallinfringement..............................................................................................................................104.4 Compare and distinction among protection and emblems and business name...................11CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12.......................................................................................................................................................12
Business Law TABLE OF CONTENTS INTRODUCTION 3 TASK 13 1.1 Advis to mount on the legal implicit terms associated with sales of goods act. 4 1.2 Statutory provision on buyer's and seller's rights_2
INTRODUCTIONToday every business organisation needs to obey every single rule to continue itsbusiness in the long term. Business law includes transaction and trade sales. There are twoparties in the business law in which the first is principal party which are bound by a legalagreement. The agreement is completed according to terms and condition implied by law whichmust be obeyed by all parties involved. Some major acts in business law are Sales of goods act,transferring of goods act. The possession of the goods involved in agreement is passed to thebuyer after the whole payment according to provision in law. TASK 11.1 Sale of goods and supply of services and its legal implicit termsAccording to the sale of goods act 1982, this act states that when sellers are transferringany property to buyer, then it is their responsibility to state all description about products andservices. Along with this where exchange of money take place is also considered here.According to the section 2(1) parties can make a contract to transfer tangible assets withdescribed terms and amount to make a proper clear condition. One of these term is the conditionand warranties under section 11 of the product like car in the case. Another implied term in theact is if the product is not according to the description, it might be considered as breachaccording to the section 13 of business law. As per the section 12(1). It is the responsibility onthe account of car seller company that it delivers the fit product to the Ben. But then car stoppedafter the delivery due to damage in the engine. So it could be considered as the breach of contractand it is seller liability to bear that damage. The injury to the family member of Ben duringdriving in car, is also an implied responsibility of car seller company. Thus there are manyimplied term and condition which are not mentioned in a written note in contract but they areapplied by the law.There are few certain terms and conditions which are implied at the time of selling theproduct of customers. As it is implied on both parties.Title: At the time of transferring the products from seller to owner, then it is implied thattitle of goods also transferred with that. After purchasing the products, if any damage has beenoccurred while using the products, then seller is not liable for that to compensate loss amount.
Business Law TABLE OF CONTENTS INTRODUCTION 3 TASK 13 1.1 Advis to mount on the legal implicit terms associated with sales of goods act. 4 1.2 Statutory provision on buyer's and seller's rights_3
Sale of description about the products: As it is responsibility of seller that properdescription about products should be given to customers. As it includes features, quality, size andmany more. After selling the product any defect is there, then seller is having liability toreimburse loss amount to buyer. 1.2 The transfer of property according to statuary provisionStatutory provisions are arranged according to the law of property act 1925 which helps inunderstanding the rules and regulation related to the transfer of the property while sales.According to the section 16, the goods cannot be transfer if the goods are uncertain in nature andcondition. According to the section 18 of this act, the goods will not be passed of anything donebefore it is complete. Section 20 has the provision related to the transfer of the property is thatwhen the goods are transferred to the buyer then the all risks are also transferred to the buyer ifno hidden information in contract.Ben has to considered below mention provision at the time of purchasing car from thedealer so that he protects his rights or compensate the loss, if occurred.Intention of parties – At the time of forming contract, an intention of both the partiesmust be clear. As it will become easy for them to know about that other is interested in selling orpurchasing the property or not. In given case study, it properly defined that Ben is serious topurchase the car from the dealer. Transfer of ownership – When sale took place between parties, then along with that allrights regarding the property are transferred to buyer. Apart from that, if any risk is associatedwith that, then risk is also transferred while selling the products. 1.3 Sales of goods act and buyers remedy and seller remedyRemedies of seller compared to buyers:Pricing suit- In step of sales of products act, patron is accountable to transfer quantity ofthe products that merchant transfers the goods to them. If he does not do it, then merchantencompasses the right to make complaint against him. Below the agreement, patron isaccountable to give price on the sure date however if he refuses to pay thereon same day,merchant will sue them. If patron neglect or refuses to pay value then merchant will demand forvalue (Crane, and Matten, 2016). Unacceptable product due to damage - According to the provision of law, if theproduct is damaged, it will not be accepted by buyer. On the other hand, if the broken product is
Business Law TABLE OF CONTENTS INTRODUCTION 3 TASK 13 1.1 Advis to mount on the legal implicit terms associated with sales of goods act. 4 1.2 Statutory provision on buyer's and seller's rights_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Legal Agreement: Business Law
|12
|3863
|144

Business Law- Sales of Goods Act
|17
|5165
|37

BUSINESS LAW INTRODUCTION 3 TASK 13 1.1 Implied Terms and Conditions of Sale of Goods Act
|17
|5295
|471

(PDF) Business Law : Assignment
|16
|3351
|122

Business Law - Case Study
|15
|4937
|146

Report on Business Law Case of Ben
|20
|4743
|80