When the Sale of Goods Act will apply
When the Sale of Goods Act will apply, if the contract is for sale of goods?
Expert
If the contract is for sale of goods, the Sale of Goods Act will apply if
1) The goods are specific
2) The risk or responsibility for their safety still lies with the seller, and
3) The frustration is caused by the goods perishing. Both parties are immediately discharged from liability under the contract.
1. GML owns 92% of the issued shares in Explorer Ltd. The remaining 8% of the shares are held by five individuals, including a Mr Owen who owns 0.5% of the issued shares. Mr Owen is a high profile individual who has at times been critical of the Chinese government’s activities in the South China
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