The Sales of Goods Act 1979 (Doc)

Added on -2020-02-17

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BUSINESS LAW
Table of ContentsINTRODUCTION...........................................................................................................................4TASK 1 : Sale and purchase of goods and services.........................................................................4Ques. 1.1 Legal rules relating to sale of goods and supply of services......................................4Ques. 1.2 Statutory provisions for transfer of property and possession....................................4Ques. 1.3 Remedies for buyers and sellers in the sale of goods..................................................5Ques. 1.4 Statutory provisions of product liability for faulty goods. ........................................6TASK 2: Consumer credit agreements and agency.........................................................................6Ques. 2.1 Types of credit agreements ........................................................................................6Ques. 2.2 Legal rules on termination rights and default notices in case of default ...................7Ques. 2.3 Different types of agents.............................................................................................8Ques. 2.4 Agent's rights and duties............................................................................................8TASK 3: Monopolies and Anti competitive practices.....................................................................9Ques. 3.1 Monopolies and Anti competitive legislation in UK ................................................9Ques. 3.2 Role of Competition and Market Authority in Monopolies and Anti competitivepractices.....................................................................................................................................10Ques. 3.3 Abuse of dominant position .....................................................................................11Ques. 3.4 Exemptions to anti competitive practices under EU law..........................................11TASK 4: Intellectual property rights.............................................................................................12Ques. 4.1 Types of intellectual property ...................................................................................12Ques. 4.2 Principles relating to patent rules and infringements...............................................13Ques. 4.3 Legal rules relating to copyright protection and infringement..................................13Ques. 4.4 Protection of trademark and business names. ..........................................................14CONCLUSION .............................................................................................................................14REFRENCES.................................................................................................................................15
INTRODUCTIONThe Sales of Goods Act 1979 is an act which regulates sale and purchase of goods in UKand binds both the parties i.e. buyer and seller. The contract of sale requires consideration ofmoney to complete the transaction and requires that there is a level of quality of satisfaction inthe mind of consumers. This report mainly covers what Ben has faced after buying goods from acar dealer and what are its statutory rights for returning of goods and how he can claim refundfrom the organisation. This report will cover different aspects of business laws and acts withreference to The Sale of Goods Act 1979 , Consumers Rights Act, consumer credit and agency,monopolies, mergers, anti competitive practices and intellectual property rights. TASK 1 : Sale and purchase of goods and servicesQues. 1.1 Legal rules relating to sale of goods and supply of servicesThe Sale of Goods Act 1979 requires description of goods, satisfactory level of goodsquality and their purpose is fit as per consumer's need. It always requires organisation to saleonly those goods which consumer has chosen for purchase (Cheffins, 2008). But sometimeswhile purchasing goods and services we come to know that the good has some fault but still wepurchase them, then in future consumer cannot argue that the quality of good was not satisfactoryafter purchasing. In case goods purchased by you is of faulty nature and wants to return them as you werenot aware about its fault at the time of purchase then The Sale of Goods Act 1979 allows you toreturn of goods and claim refund of your purchase within reasonable time of purchase.Reasonable time can vary from product to product and its fault (Mahoney, 2013). The Sale ofGoods Act 1979 was replaced by The Consumers Rights Act 2015. As new law was introducedto modify, simplify, modernise and strengthen as per the current scenario. The presentadvertisement shows that Ben decide to purchase a second hand car. When Ben has decided togo to the showroom and meet with the dealer. Dealer said that car was not existed in the store. Inaddition to this, if Ben want to see the car, he has to pay 150 pounds as amount of consideration.In order to this, Ben paid the amount to the dealer and went the car for a test drive. During thetest drive, he like the car and decide to purchase it immediately and Ben pay some amount in theadvance to dealer as a contract for purchasing a car.

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