| 释义 |
perished goods
Under the Sale of Goods Act 1979, goods under a contract of sale that have been either totally destroyed or so damaged that they no longer fit the contract description. The Act provides that a contract is void if it relates to specific goods that, unknown to the seller, have perished before it is made. If the goods perish after the contract is made, this event will make the contract void unless the risk has by then passed to the buyer (see transfer of risk). These two propositions give statutory recognition to common-law rules relating to mistake and frustration of contract, respectively. |