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Sales of Goods Act-1930

Sales of Goods Act-1930

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Published by rajuarora40

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Published by: rajuarora40 on Jan 29, 2011
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01/29/2011

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SALES OFGOODSACT-1930
 
This Act came into force on first July1930. The provisions of this Actextends to the whole of India exceptthe state of J&K.
 
o
According to [Sec 4(1)] of Sales of GoodsAct 1930,Acontractofsaleofgoodsisacontractwherebythesellertransfersoragreestotransferthepropertyingoodstothebuyerforacertainprice.
o
Acc.to[Sec.4(2)]ofSalesofGoodsAct,Acontractofsalemaybeabsoluteorconditional.

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