Rights and duties of buyer and seller
Answers
Answer: following are some, rights!
Explanation:
Rights of buyer :
1. To have delivery of the goods as per contract.
2. To reject the goods when they are not of the description, quality or quantity as specified in the contract
3. To repudiate the contract when goods are delivered in installments without any agreement to that effects
4. To be informed by the seller, when the goods are to be sent by sea route, so that he may arrange for their insurance
5. To have a reasonable opportunity to examine the goods for ascertaining whether they are in conformity with the contract.
6. To sue the seller for recovery of the price, if already paid, when the seller fails to deliver the goods.
7. To sue the seller for damages if the seller wrongfully neglects or refuses to deliver the gods to the buyer
8. To sue the seller for specific performance
9. To sue the seller for damages for breach of a warranty or for breach of a condition treated as breach of a warranty
10. To sue the seller the damages for anticipatory breach of contract
11. To sue the seller for interest where there is a breach of contract on the part of the seller and price has to be refunded to the buyer
Rights of sellers:
1. To reserve the right of disposal of the goods until certain conditions are fulfilled.
2. To assume that the buyer has accepted the goods , where the buyer
3. To deliver the goods only when applied for by the buyer
A) Conveys his acceptance;
B) Does an act adopting the sale; or
C) Retains the goods without giving a notice of rejection, beyond
specified date (or reasonable time), in a sale on approval.
4. To make delivery of the goods in installments, when so agreed
5. To exercise lien and retain possession of the goods, until payment of the price
6. To stop the goods in transit and resume possession of the goods, until payment of the price
7. To resell the goods under certain circumstances
8. To withhold delivery of the goods when the property in the goods has not passed to the buyer
9. To sue the buyer for price when the property in the goods has passed to the buyer or when the price is payment on a certain day, in terms of the contract, and the buyer fails to make the payment.