Management and Organizational Studies 2275A/B Lecture Notes - Lecture 9: White Spot, Redone, Jaymz Bee

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

Document Summary

The sale of goods act applied to every sale of goods. Not to services, intangible, real property, gifts, leases, or licensees. All of our gdp traditionally comes from the sales of goods, and now it comes from services. The la(cid:449) applied to sale of goods (cid:449)a(cid:455)s (cid:862)(cid:271)u(cid:455)e(cid:396) (cid:271)e(cid:449)a(cid:396)e(cid:863)- all risk on buyer, none on seller. Traditional law does not protect the buyer for the sales of the goods. I. e. if product not what you thought it was- too bad! If you hire an artist to paint a portrait, this is a contract for service and not sale of goods. If you buy a painting for a museum this is a sale of good contract. The sales of goods act: 1893 uk parliament passed sales of goods act, all canadian provinces adopted the sales of goods act that were identical to the 1893 uk statute. Provides remedies for breaches: sales of goods act provides remedies for breaches.