BU231 Chapter Notes - Chapter 14: Barter, Consignee, Personal Property
Document Summary
In the late 18th and 19th centuries, disputes dealing with the distribution and sale of goods were frequently before the courts. The british parliament simplified the rules in the 19th century and developed the sale of. Sale of goods act: is an agreement whereby the seller transfers or agrees to transfer the property in the goods of the buyer for a money consideration called a price. All provinces in canada soon established similar acts. The act did not propose change at all, it simply clarifies the current law. Codified: existing common law rules passed in statute form. Consumer protection legislation applies to the sale of goods as well as to the supply of services and the warranty associated with a purchase. Unlike the sales of goods act, the consumer protection legislation does not apply to business-to-business commercial transactions. Agreement to sell: a contract of sale in which the transfer of ownership in the goods is deferred to a future date.
