UNIT 3 Business Law Assignment
11 Pages3723 Words216 Views
Added on 2019-12-28
UNIT 3 Business Law Assignment
Added on 2019-12-28
ShareRelated Documents
BUSINESS LAW
TABLE OF CONTENTS1.1.................................................................................................................................................31.2.................................................................................................................................................31.3.................................................................................................................................................41.4.................................................................................................................................................42.1.................................................................................................................................................52.2.................................................................................................................................................52.3.................................................................................................................................................52.4.................................................................................................................................................63.1.................................................................................................................................................63.2.................................................................................................................................................73.3.................................................................................................................................................73.4................................................................................................................................................84.1.................................................................................................................................................84.2.................................................................................................................................................94.3.................................................................................................................................................94.4...............................................................................................................................................102
INTRODUCTION Business law are legislative frameworks that have been created by government forregulating the business activities (Conley, 2016). Present report mentions about differencebetween types of credit agreements that can be used by a consumer. Other than this analysis ofgeneral features of agency and difference between different types of agents also have beenmentioned in the report. TASK 11.1According to the case study Ben decides to get a new car and for that he searches for newcars that are available in market. There are diverse range of fields in law that gets applied tocorporate world. Sales of goods act 1979 Section (12) mentions that there is an implied term onthe part of the seller that in the case of a sale he has rights for right to sell the goods. In contractof sales also there is implied terms that the goods are free and will remain free till the time theproperty is to pass. Consumer Right act 2015 has replaced the earlier sales of goods act 1979(Clarke, 2017). This law mention about some implied terms and section 17 of this act describesabout implied terms that the seller has right for transferring the ownership of goods. Along withthis, section 11 of the consumer rights act mention that it is necessary that features of productssold should match with the description that has been described by the seller while selling theproducts (Patterson and et.al, 2015). Buyers deserve the rights for rejecting the goods if they failsin meeting with the product description. It is been given in the section 13 of sales of goods actand this is relevant in the present case also. According to the section 9 of Sales of goods actimplied term has been mentioned that goods sold should match with the standard quality. 1.2There are some statutory provision that needs to be known by Ben and these are relatedwith transfer of property and possession. Details about transfer of property have been mentionedunder the Part 3 under the sales of goods act. This ownership is applied when the products aresold and significance about determining the time of transfer is been mentioned under the section20 of sales of goods act. This section imposes liability for damages or losses on the owners whosold the goods (Mahoney, 2013). 3
Section 17 of sales of goods act defines that property in goods is transferable if the partiesconcerned should execute transfer or pass it to another pass. Contrary to this it is been describedin the Rule 1 mentioned under the section 18 and it defines that ownership for the products istransferable only when the contract are unconditional contract. At the time of formation ofcontract this ownership is transferable only if the particular goods are in the conditions of beingdelivered (Tyler and et.al, 2014). If this type of case arises than it will become immaterial aboutwhen the payments and deliveries have been made. One more important consideration definedunder the section 20 of Sales of goods act that it is relevant if delivery of goods has been delayedby the seller. The delay has been made after entering into the contract and in this type of casesparties responsible for making such types of delays. Along with this, if such cases rises whendelays have been made than due to that parties accountable for the delay will be responsible forthe same. 1.3There are various remedies and specific actions that are being available for the both thesellers and buyers if there are conditions for breach of contract. It has been defined under the part4 of sales of goods act that remedies are available for buyers and sellers that have a remedyunder the Section 49 of the sales of goods act. In case the buyers fails in making such type ofpayments, the sellers deserves the right for making this type of payments (Clarkson andColeman, 2015). With this as per section 50 of the sales of goods act sellers have right for taking actions ifthe buyer has failed in making such type of payments. In this type of cases sellers have right forvarious types of proprietary remedies and these are described as the right to stoppage, right tolien, right to resale and right to retaining the title under these acts (L'Homme and Focant, 2014).Other than this, remedies have been provided in section 51-53 when the purchasers have acted inbreach of contract. One more remedies have been described under section 51 for non delivery ofgoods that has been done by the seller in pursuit of direct refusal. 1.4Product liability legal rules and statutory provisions have been mentioned for faultygoods. If conditions arises when Ben is using his car and an accident happen in which a memberof his family are caused any kind of personal injuries. The legal actions that could be taken for4
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
(PDF) Business Law : Assignmentlg...
|16
|3351
|122
(solved) Case Study Business Lawlg...
|16
|4896
|149
Business Law in Organizationslg...
|12
|3859
|466
Business Law Sample Assignmentlg...
|14
|3872
|60
The Sale of Goods Act enforced in the yearlg...
|12
|3164
|14
Report on Sales of Goods Act and Competition Actlg...
|13
|3556
|25