Business Studies, asked by sekar4301, 1 year ago

The fundamental principle of the law on sale of goods is that

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Answered by Shbjs2222
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Question is not clear
Answered by bharathparasad577
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Answer:

Concept:

The Fundamental principles of Laws in sales of goods.

Explanation:

The Indian Sale of Goods Act, 1930 is a mercantile law that took effect on July 1, 1930, under the British Raj, and was significantly influenced by the United Kingdom's Sale of Goods Act 1893. It establishes contracts in which the seller sells or agrees to transfer title (ownership) in the products to the buyer in exchange for a price. It can be used all over India. According to the statute, items sold from a seller to a buyer must be sold at a specific price and for a specific amount of time. On September 23, 1963, the statute was revised and called the Sale of Goods Act, 1930.

It is a key premise of goods-sale law, implying that the seller has no need to point out flaws in his own goods.

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