Question

Distinguish between sales of goods and Agency

Answer 1

Answer:

"It is vital to know whether the goods are specific or unascertained in order to know whether property has passed. A) Specific goods Specific goods are “goods identified and agreed on at the time a contract of sale is made”. [11] Specific goods might be in a bulk. For example a contract to sell all oil in a particular container is a contract of sale of specific goods. [12] B) Unascertained Goods Unascertained goods are those which are not known and settled on either at the time the contract is made or afterwards.

Explanation: