Transcription of Commercial Law - Remedies of seller and buyer
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Commercial Law - Remedies of seller and buyer
Commercial Law LAI Ting Wai Fontaine Sale of goods: Remedies of seller and buyer Sale of Goods: Remedies of seller and buyer I. Remedies of seller (i) Action for the price (personal remedy). (a) Where the property has passed to the buyer ( (1)). Where, under a contract of sale, the property in the goods has passed to the buyer , and the buyer wrongfully neglects or refuses to pay for the goods according to the terms of the contract, the seller may maintain an action against him for the price of the goods.. Neglect or refusal not wrongful' if price is not yet due under the terms of the contract or if seller is in breach of certain obligations on his part (b) Where the price is payable on a day certain irrespective of delivery ( (2)). Where, under a contract of sale, the price is payable on a day certain irrespective of delivery, and the buyer wrongfully neglects or refuses to pay such price, the seller may maintain an action for the price, although the property in the goods has not passed, and the goods have not been appropriated to the contract.
Commercial Law LAI Ting Wai Fontaine Sale of goods: Remedies of seller and buyer 4 Includes anyone in position of a seller, e.g. seller’s agent to whom the bill of
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OFFER TO PURCHASE AND CONTRACT, S agent, Buyer, SELLER, New York Department, Agent, S PROPERTY CONDITION DISCLOSURE, SELLER'S AGENT BUYER'S AGENT, STANDARD RESIDENTIAL PURCHASE AND SALE, 25 SELLER'S PROPERTY CONDITION, For Condominium/Townhouse/Mobile, For Condominium/Townhouse/Mobile Home, COMMERCIAL SALE AGREEMENT