A-Partnership is the result of an agreement between the parties. In other words, it can be said that mutual ownership • : the property passes immediately from the seller to the buyer. A sale is a type of contract in which the seller transfers ownership of the goods to the buyer for a monetary fee. Here, the relationship between seller and buyer consists of the creditor and the debtor. This is the result of a sales agreement when the conditions are met and the specified time is over. Seller`s right against Buyer`s infringement: In the event of sale in the event of delay on the part of the Buyer (refusal to accept the goods or pay the price), the Seller may take legal action for the price. But in a sales agreement, if the buyer does not accept and pay for the goods, the seller can only sue for damages for infringement and not for payment of the price. If the seller withdraws from the contract, the buyer may claim damages due to the breach of contract. On the other hand, the unpaid seller can also sue the buyer for damages. Sale If the buyer becomes insolvent without having paid for the goods, the seller may demand the recovery of the price.
Agreement on sale Here, the seller can refuse delivery of the goods to the buyer. 12 In the company, each partner is jointly and severally liable for the debts and liabilities of the company. The liability of each partner is unlimited. In addition to the ownership of the company, the personal property of a company is also responsible for the responsibilities of the company. Q-What is a purchase agreement? Distinguish between the sale and the sales contract. Rights: In case of sale, the buyer exercises all ownership rights in the goods, such as the right to own, sell or use them in any way. These rights cannot be exercised by the buyer in a sales contract. In Cehave N.V.c. Bremer Handelsgesellschaft mbH; Hansa Nord (1976) Q.B.44 indicated that a written contract for the sale of fruit pellets contained the express provision: “Shipment in good condition”. In fact, some of the pellets were not in good condition when they were shipped.
However, they were still fit on arrival to be used for the purposes intended by the buyer, and although they were worth less than they should have been, they could have been resold at a reduced cost. In the present case, however, it was found that there was a breach of the implied condition relating to the title on which the sale and the contract of sale were based.