someone who promotes or exchanges goods or services for money

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Page 1: someone who promotes or exchanges goods or services for money
Page 2: someone who promotes or exchanges goods or services for money

BUSINESS LAW

SALE OF GOODS ACT 1930

Page 3: someone who promotes or exchanges goods or services for money

DUTIES OF SELLER

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 someone who promotes or exchanges goods or services for money.

MEANING OF SELLER

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DUTIES OF SELLERTo make the arrangement for transfer of

property in the goods to the buyer.

To ascertain and appropriate the goods to the contract of sale

To pass an absolute and effective title to the goods, to the buyer.

To deliver the goods in accordance with the terms of the contract ( sec 31)

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DUTIES OF SELLERTo ensure that the goods supplied conform to the

implied / express conditions and warranties.

To put the goods in a deliverable state and to deliver the goods as and when applied for by the buyer ( sec 35)

To deliver the goods within the time specified in the contract or within a reasonable time and a reasonable hour. [ sec 36 (2) and (4)]

To bear all expenses of and incidental to making a delivery ( i.e. upto the stage of putting the goods into a deliverable sate 0 (sec 36 (5)

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DUTIES OF SELLERTo deliver the goods in the agreed quantity. (Sec.

37 (1)

To deliver the goods in installments only when so desired by the buyer. (Sec 38 (1))

To arrange for insurance of the goods while they are in transmission or custody of the carrier. (Sec. 39

(2).

To inform the buyer in time, when the goods are sent by a sea route, so that he may get the goods insured  [Sec. 39 (3) ]

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BYV.VENKATASAMY

ASSOCIATE PROF. OF COMMERCE