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Sale Of Goods Act
Sale of Goods Acts (with variations) regulate the sale of goods in several legal jurisdictions including Malaysia, New Zealand, the United Kingdom and the common law provinces of Canada. The Bill for an Act with this short title will have been known as a Sale of Goods Bill during its passage through the relevant legislative process. Sale of Goods Acts may be a generic name either for legislation bearing that short title or for all legislation which relates to the sale of goods. Implied terms Seller has the right to sell One can only transfer the ownership of a good if they are also the owner. The third party who bought in good faith will be weaker than the claim of the original owner. Description Goods must correspond with their descriptions. If it is not, the seller will face strict liability. For business-to-consumer transactions this term cannot be excluded from the contract, however this term might be excluded in business-to-business transactions. Satisfactory qual ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysia
Malaysia is a country in Southeast Asia. Featuring the Tanjung Piai, southernmost point of continental Eurasia, it is a federation, federal constitutional monarchy consisting of States and federal territories of Malaysia, 13 states and three federal territories, separated by the South China Sea into two regions: Peninsular Malaysia on the Mainland Southeast Asia, Indochinese Peninsula and East Malaysia on the island of Borneo. Peninsular Malaysia shares land and maritime Malaysia–Thailand border, borders with Thailand, as well as maritime borders with Singapore, Vietnam, and Indonesia; East Malaysia shares land borders with Brunei and Indonesia, and a maritime border with the Philippines and Vietnam. Kuala Lumpur is the country's national capital, List of cities and towns in Malaysia by population, largest city, and the seat of the Parliament of Malaysia, legislative branch of the Government of Malaysia, federal government, while Putrajaya is the federal administrative capi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jammu And Kashmir (state)
Jammu and Kashmir was a region formerly administered by India as a state from 1952 to 2019, constituting the southern and southeastern portion of the larger Kashmir region, which has been the subject of a dispute between India, Pakistan and China since the mid-20th century. (subscription required) Quote: "Jammu and Kashmir, state of India, located in the northern part of the Indian subcontinent in the vicinity of the Karakoram and westernmost Himalayan mountain ranges. The state is part of the larger region of Kashmir, which has been the subject of dispute between India, Pakistan, and China since the partition of the subcontinent in 1947." Quote: "Jammu and Kashmir: Territory in northwestern India, subject to a dispute between India and Pakistan. It has borders with Pakistan and China." The underlying region of this state were parts of the former princely state of Jammu and Kashmir, whose western districts, now known as Azad Kashmir, and northern territories, now known as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Draft Bill
A bill is a proposal for a new law, or a proposal to substantially alter an existing law. A bill does not become law until it has been passed by the legislature and, in most cases, approved by the executive. Bills are introduced in the legislature and are there discussed, debated on, and voted upon. Once a bill has been enacted into law by the legislature, it is called an '' act of the legislature'', or a ''statute''. Usage The word ''bill'' is mainly used in English-speaking nations formerly part of the British Empire whose legal systems originated in the common law of the United Kingdom, including the United States. The parts of a bill are known as ''clauses'', until it has become an act of parliament, from which time the parts of the law are known as ''sections''. In nations that have civil law systems (including France, Belgium, Luxembourg, Spain and Portugal), a proposed law is known as a "law project" (Fr. ''projet de loi'') if introduced by the government, or a "l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Risk
In simple terms, risk is the possibility of something bad happening. Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environment), often focusing on negative, undesirable consequences. Many different definitions have been proposed. One ISO standard, international standard definition of risk is the "effect of uncertainty on objectives". The understanding of risk, the methods of assessment and management, the descriptions of risk and even the definitions of risk differ in different practice areas (business, economics, Environmental science, environment, finance, information technology, health, insurance, safety, security, security, privacy, etc). This article provides links to more detailed articles on these areas. The international standard for risk management, ISO 31000, provides principles and general guidelines on managing risks faced by organizations. Defi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FOB (shipping)
FOB (free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce. FOB is only used in non-containerized sea freight or inland waterway transport. As with all Incoterms, FOB does not define the point at which ownership of the goods is transferred. The term FOB is also used in modern domestic shipping within North America to describe the point at which a seller is no longer responsible for shipping costs. Ownership of a cargo is independent of Incoterms, which relate to delivery and risk. In international trade, ownership of the cargo is defined by the contract of sale and the bill of lading or waybill. Historical usage The term "free on board", or "f.o.b." was used historically in relation to the transfer of risk from seller to buyer as goods are shipped. There appears to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulk Cargo
Bulk cargo is Product (business), product cargo that is transported packaging, unpackaged in large quantities. Description Bulk cargo refers to material in either liquid or granular, particulate (as a mass of relatively small solids) form, such as petroleum/crude oil, cereal, grain, coal, or gravel. This cargo is usually dropped or poured, with a spout or shovel bucket, into a bulk carrier Hold (ship), ship's hold, Railroad car#Freight cars, railroad car/railway wagon, or tanker truck/Trailer (vehicle), trailer/semi-trailer body. Smaller quantities can be boxed (or drum (container), drummed) and palletised; cargo packaged in this manner is referred to as breakbulk cargo. Bulk cargo is classified as liquid, wet or dry goods, dry. Baltic Exchange, The Baltic Exchange is based in London and provides a range of indices benchmarking the cost of moving bulk commodities, dry and wet, along popular routes around the seas. Some of these indices are also used to settle Freight Future ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Contract Of Sale
In contract law, a contract of sale, sales contract, sales order, or contract for sale is a legal contract for the purchase of assets (goods or property) by a buyer (or purchaser) from a seller (or vendor) for an agreed upon value in money (or money equivalent). An obvious ancient practice of exchange, in many common law jurisdictions it is now governed by statutory law. See commercial law. Contracts of sale involving goods are governed by Article 2 of the Uniform Commercial Code in most jurisdictions in the United States. In Quebec, such contracts are governed by the Civil Code of Quebec as a nominate contract in the book on the law of obligations. In some Muslim countries it is governed by sharia (Islamic law); however, many Muslim countries apply other law to contacts (e.g. the Egyptian Civil Code, based on the Napoleonic Code, which beyond its application in Egypt serves as the model for the civil codes of several other Arab states). A contract of sale lays out the term ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sale Of Goods (Amendment) Act 1995
Sale of Goods Acts (with variations) regulate the sale of goods in several legal jurisdictions including Malaysia, New Zealand, the United Kingdom and the common law provinces of Canada. The Bill for an Act with this short title will have been known as a Sale of Goods Bill during its passage through the relevant legislative process. Sale of Goods Acts may be a generic name either for legislation bearing that short title or for all legislation which relates to the sale of goods. Implied terms Seller has the right to sell One can only transfer the ownership of a good if they are also the owner. The third party who bought in good faith will be weaker than the claim of the original owner. Description Goods must correspond with their descriptions. If it is not, the seller will face strict liability. For business-to-consumer transactions this term cannot be excluded from the contract, however this term might be excluded in business-to-business transactions. Satisfactory quali ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sale And Supply Of Goods Act 1994
Sale may refer to: Common meanings * Sales, the exchange of goods for profits * Sales, discounts and allowances in the prices of goods Places * Sale (Thrace), an ancient Greek city * Republic of Salé, a 17th-century corsair city-state on the Moroccan coast * Sale, Victoria, a city in Australia ** Sale railway station, Victoria * Sale, Greater Manchester, a town in England * Sale, Piedmont, a commune in Italy * Salé, a city in Morocco ** Sale, Myanmar, a city * Şäle, also transliterated Shali, Republic of Tatarstan, a village in Russia * Sale (Tanzanian ward) * Sale Island, Canada People *Sale (surname) *Sale Ngahkwe (c. 875–934), a king of the Pagan dynasty of Burma Other uses * Sale (chain store), a grocery store chain in Finland *''The Sale'', an album by the American progressive rock band Crack the Sky *BOC Aviation, formerly Singapore Aircraft Leasing Enterprise (SALE) *Sale Sharks Sale Sharks are a professional rugby union club from Greater Manchester, England, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sale Of Goods (Amendment) Act 1994
Market overt or (Law French for "open market") is an English legal concept originating in medieval times governing subsequent ownership of stolen goods. The rule was abolished in England and Wales in 1994 but it is still good law in some common law jurisdictions such as Hong Kong and British Columbia. In general, the sale of stolen goods does not convey effective title (see ). However, under , if goods were openly sold in designated markets between sunrise and sunset, provenance could not be questioned, and effective title of ownership was obtained. The concept originated centuries ago when people did not travel much; if the victim of a theft did not bother to look in his local market on market day—the only place where the goods were likely to be—he was not being suitably diligent. Abolition in England and Wales The Sale of Goods (Amendment) Act 1994 (c. 32), whose sole purpose was to abolish market overt and its equivalent in Wales, came into force in January 1995, repeali ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sale Of Goods Act 1979
The Sale of Goods Act 1979 (c. 54) is an Act of the Parliament of the United Kingdom which regulated English contract law and UK commercial law in respect of goods that are sold and bought. The Act consolidated the original Sale of Goods Act 1893 and subsequent legislation, which in turn had codified and consolidated the law. Since 1979, there have been numerous minor statutory amendments and additions to the 1979 act. It was replaced for some aspects of consumer contracts from 1 October 2015 by the Consumer Rights Act 2015c 15 but remains the primary legislation underpinning business-to-business transactions involving selling or buying goods. The act applies to contracts where property in 'goods' is transferred or agreed to be transferred for a monetary consideration, in other words: where property (ownership) in personal chattels is sold. Part I Part I (section 1) states that the act applies to contracts of sale of goods made on or after 1 January 1894. This was the date ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
56 & 57 Vict
56 may refer to: * 56 (number) * One of the years 56 BC, AD 56, 1956, 2056 * 56.com, a Chinese online video platform * Fiftysix, Arkansas, an unincorporated community in the United States * Fifty-Six, Arkansas, a city in the United States * "Fifty Six", a song by Karma to Burn from the album ''Arch Stanton'', 2014 * 56 Melete, a main-belt asteroid * Isaiah 56 Isaiah 56 is the fifty-sixth chapter of the Book of Isaiah in the Hebrew Bible or the Old Testament of the Christian Bible. This book contains the prophecies attributed to the prophet Isaiah, and is one of the Books of the Prophets.Theodore ..., the fifty-sixth chapter of the Old Testament of the Christian Bible * Cityrider 56, a bus route in Tyne and Wear, UK {{Numberdis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
