A PROJECT SUBMITTED TO

UNIVERSITY OF MUMBAI FOR PARTIAL COMPLETION OF THE

DEGREE OF
BACHELLOR IN COMMERCE (ACCOUNTING AND FINANCE)


UNDER THE ACTULY OF COMMERCE
BY
PRATIK PRAVIN JADHAV
UNDER THE GUIDENCE OF
PROF. KARAN KOLI
CHANGU KANA THAKUR ARTS,COMMERCE & SCIENCE COLLEGE
SECTOR-11,
NEW PANVEL
2020-21
 INDEX

 INTRODUCTION
 DEFINITION
 DISADVANTAGES
 ILLISTRATION OF DEFECTIVE GOODS
 3 TYPE OF DEFECT
 EXAMPLES OF DEFECT GOODS
 PRODUCTION DEFECT
 CLAIM FOR DEFECTIVE GOODS
 DEFECTIVE OR FAULTY GOODS
 ABSTRACT
 CONCLUSION
 REFERENCE
 INTRODUCTION

 The defect in goods is the foremost problem in
consumer protection and has given rise to multiple
complaints in the past. It is hence important to study
in detail the concept of the defect in good which will
be broken down in this article.
 MEANING

Defect means a fault or problem in something or someone that spoils
that things or person or causes it, him, or her not to work correctly.

DEFINITION
Waste of correction includes additional work performed
on a product or service caused by or unclear operation
procedure/ specification.
 DISADVANTAGES

 Seller has to bear the risk of fluctuation in the cost of
carriage and insurance because he cannot amend the
price after conclusion of the sale contract.
 If the fails to ship the goods tender the document or
the goods does not arrive at the destination on time
would result in breach of condition in each case.
 In bunge corporation v trader sa4 house of lord state
that in mercantile contract all time stipulation are to
be treated as condition.
 ILLUSTRATION OF DEFECTIVE GOODS


 A consumer purchases a cosmetic product that
causes irritation to the skin.
 A consumer purchase a handbag after purchase he
sees a slite at the botton of the bag.
 A consumer purchases milk that has been
adulterated by mixing with water.
 A consumer purchase socks made of a fabric that
causes skin infection.
 3 TYPES OF DEFECTS EVERY
IMPORTER NEEDS TO KNOW

 Minor defects
 Major defects
 Critical defects
 EXAMPLE OF DEFECTIVE GOODS

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 Alcoholic beverages
 Apparel
 Asbestos
 Chemicals and cosmetics
 Firearms
 Food and agricultural products
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