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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 Parliament. 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 Quality (USA: Warrant of M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysia
Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two regions: Peninsular Malaysia and Borneo's East Malaysia. Peninsular Malaysia shares a land and maritime Malaysia–Thailand border, border with Thailand and Maritime boundary, maritime borders with Singapore, Vietnam, and Indonesia. East Malaysia shares land and maritime borders with Brunei and Indonesia, and a maritime border with the Philippines and Vietnam. Kuala Lumpur is the national capital, the country's largest city, and the seat of the Parliament of Malaysia, legislative branch of the Government of Malaysia, federal government. The nearby Planned community#Planned capitals, planned capital of Putrajaya is the administrative capital, which represents the seat of both the Government of Malaysia#Executive, executive branch (the Cabine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sale Of Goods Act 1957
Sale may refer to: Common meanings * Sales, the exchange of goods for profits * Sales, discounts and allowances in the prices of goods Places *Sale, Victoria, a city in Australia *Sale, Myanmar, a city * Sale, Greater Manchester, a town in England *Sale (Thrace), an ancient Greek city * Sale, Piedmont, a commune in Italy *Salé, a city in Morocco **Republic of Salé, a 17th-century corsair city-state on the Moroccan coast *Şäle, also transliterated Shali, Republic of Tatarstan, a village in Russia *Sale (Tanzanian ward) *Sale Island, Canada People *Sale (Berkshire cricketer), an 18th-century English cricketer *Sale Ngahkwe (c. 875–934), a king of the Pagan dynasty of Burma *Sale (surname) Other uses * Sale, a grocery store chain in Finland *''The Sale ''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Short Titles
This is a list of stock short titles that are used for legislation in one or more of the countries where short titles are used. It is also a list of articles that list or discuss legislation by short title or subject. * Act of Uniformity * Administration of Justice Act * Agricultural Holdings Act *Appellate Jurisdiction Act * Appropriation Act *Armed Forces Act * Atomic Energy Act * Atomic Energy Authority Act * Bank of England Act * Bank Notes Act * Bankruptcy Act * Beerhouse Act * Births and Deaths Registration Act *Bridges Act * British Museum Act * British Nationality Act *British North America Act * British Subjects Act *Broadcasting Act *Building Societies Act * Burial Act * Children Act * Church Building Act * Coinage Act * Coinage Offences Act * Commons Act * Communications Act * Companies Act * Consolidated Fund Act * Contagious Diseases (Animals) Act * Copyright Act *Coroners Act * County Courts Act * Court of Session Act *Crimes Act *Criminal Justice Act *Criminal Law Act ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scottish Law Commission
The Scottish Law Commission is an advisory non-departmental public body of the Scottish Government. It was established in 1965 to keep Scots law under review and recommend necessary reforms to improve, simplify and update the country's legal system. It was established by the Law Commissions Act 1965 (as amended) at the same time as the Law Commission in England and Wales. Appointments are ordinarily made in accordance with the Commissioner for Public Appointments in Scotland's Code of Practice. The commission is part of the Commonwealth Association of Law Reform Agencies. Functions The Commission exists to keep Scots law under review and recommend reform as needed. The commission's scope encompasses devolved and reserved matters, as defined by the Scotland Act 1998 and as such has duty for laws that are the responsibility of the Parliament of the United Kingdom, as well as those that are the responsibility of the Scottish Parliament. Composition The commission consists ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Law Commission
A law commission, law reform commission, or law revision commission is an independent body set up by a government to conduct law reform; that is, to consider the state of laws in a jurisdiction and make recommendations or proposals for legal changes or restructuring. The first term is prevalent in the United Kingdom, the second is prevalent in the Commonwealth, and the third one is prevalent in the United States. Work The functions of a law commission body include drafting revised versions of confusing laws, preparing consolidated versions of laws, making recommendations on updating outdated laws and making recommendations on repealing obsolete or spent laws. Law commissions often undertake projects focusing on legislation, although their mandates may be narrower or broader. List of law commissions *: Australian Law Reform Commission *: the Law Commission of Canada was established by the Law Commission of Canada Act on July 1, 1997 and was eliminated in 2006. It replaced th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Draft Bill
A bill is proposed legislation under consideration by a legislature. A bill does not become law until it is passed by the legislature as well as, in most cases, approved by the executive. Once a bill has been enacted into law, it is called an '' act of the legislature'', or a '' statute''. Bills are introduced in the legislature and are discussed, debated and voted upon. Usage The word ''bill'' is primarily used in Anglophone United Kingdom and 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 Napoleonic law nations (including France, Belgium, Luxembourg, Spain and Portugal), a proposed law may be known as a "law project" (Fr. ''projet de loi''), which is a government-introduced bill, or a "law proposition" (Fr. ''proposition de loi''), a private member's bill. For example the Dutch parliamentary system does not make this terminological distinction (''wetsont ... [...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. The international standard definition of risk for common understanding in different applications is “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, environment, finance, information technology, health, insurance, safety, security etc). This article provides links to more detailed articles on these areas. The international standard for risk management, ISO 31000, provides principles and generic guidelines on managing risks faced by organizations. Def ... [...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. Incoterms Under ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulk Cargo
Bulk cargo is commodity cargo that is transported unpackaged in large quantities. Description Bulk cargo refers to material in either liquid or granular, particulate form, as a mass of relatively small solids, such as petroleum/ crude oil, grain, coal, or gravel. This cargo is usually dropped or poured, with a spout or shovel bucket, into a bulk carrier ship's hold, railroad car/ railway wagon, or tanker truck/ trailer/semi-trailer body. Smaller quantities can be boxed (or drummed) and palletised; cargo packaged in this manner is referred to as breakbulk cargo. Bulk cargo is classified as liquid or dry. 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 Futures, known as FFA's. The most famous of the Baltic indices is the Baltic Dry Indices, commonly called the BDI. This is a derived funct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Contract Of Sale
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 and Canada. However 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 t ... [...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, Victoria, a city in Australia *Sale, Myanmar, a city *Sale, Greater Manchester, a town in England * Sale (Thrace), an ancient Greek city *Sale, Piedmont, a commune in Italy *Salé, a city in Morocco **Republic of Salé, a 17th-century corsair city-state on the Moroccan coast *Şäle, also transliterated Shali, Republic of Tatarstan, a village in Russia *Sale (Tanzanian ward) *Sale Island, Canada People *Sale (Berkshire cricketer), an 18th-century English cricketer *Sale Ngahkwe (c. 875–934), a king of the Pagan dynasty of Burma *Sale (surname) Other uses * Sale, 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 is a professional rugby union club from Greater Manchester, Engl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sale Of Goods (Amendment) Act 1994
Market overt or ''marché ouvert'' (Law French for "open market") is an English legal concept originating in mediaeval times governing subsequent ownership of stolen goods. The rule was abolished in England and Wales 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 Nemo dat quod non habet''). However, under 'marché ouvert', 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 law 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. The Sale of Goods (Amendment) Act 1994, whose sole purpose was to abolish Market Overt and its equivalent in Wales, took effect in January 1995. One ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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