Management and Organizational Studies 2275A/B Lecture Notes - Lecture 9: Consumer Protection, Price Fixing, Bid Rigging

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2275A/B
• Professor: Philip King

Document Summary

All the risks are on the buyers, seldom on the sellers. Not to services, intangibles, real property, gifts, leases or licenses. Seller has the right to sell(amazon does not own the goods but has the right to sell) Reasonably suitable for intended purpose(a. go to surfing board store and clerk recommend one. But it doesn"t work, i can return it because it does not suitable for intended purpose b. go to surfing board store and want to get one as a coffee table. Clerk recommend one but it does not work as a table, i can not return it c. go to surfing board store and tell the clerk want to get one in order to use it as a coffee table. But it does not work, i can return it. ) Sga helps to determine when title transfers from seller to buyer.