| 释义 |
sale of goods
A contract by which a seller transfers or agrees to transfer the ownership of goods to a buyer in exchange for a money price. If ownership is to pass at a future time the contract is called an agreement to sell. The contract, which need not be in writing, may contain express terms. Terms may also be implied by law (see also implied condition); for example, that the seller has a right to sell, that the goods correspond with the description under which they are sold, and that the goods are of satisfactory quality and are reasonably fit for the buyer’s purpose. Unless the parties agree otherwise the seller must hand over the goods in exchange for the price and the buyer must pay the price in exchange for the goods. The law governing the sale of goods is in the Sale of Goods Act 1979 (as amended) and common law implied terms also apply. In addition, in some but not all areas of consumer law the Consumer Rights Act 2015 applies. |