Management and Organizational Studies 2275A/B Lecture Notes - Lecture 1: Canada Labour Code, Labour Law, Competition Bureau (Canada)

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

Document Summary

Sale of goods act: imply the terms that parties to sale of goods transactions often leave out. Only applies if specs not laid out clear in contract. Exam q: sale of goods doesn"t apply to services (accounting, lawyer, health services, not a tangible. ) If you hire lawyer to do a will, it is not a product. Does not apply to goods used to secure a loan. Does not apply where no money is exchanged. If you are bartering and exchanging for something, doesn"t apply. Under sga, whoever has the title bears the risk of damage or destruction to the goods. Free on boars: specific point in time chosen where risk is transferred. Seller maintains title and control till its delivered. Bills of lading: seller maintains risk throughout transportation process. Unless there is a specific contract that lays out who has the risk. Rule 2: title transfers when task that seller has agreed to do is completed and notice given.