TY - BOOK AU - Farani, M TI - The Sales of Goods Act,1930 U1 - 346.0720 CY - Lahore PB - Nadeem law book house KW - sales contract KW - business law KW - commercial law N1 - Title: The Sales of Goods Act, 1930 Description: The Sales of Goods Act, 1930, is a key piece of legislation in India that regulates contracts related to the sale of goods. Enacted on March 15, 1930, and effective from July 1, 1930, the Act provides a comprehensive legal framework to ensure fairness and clarity in commercial transactions involving movable property. Key Features: Definition of Goods: Covers all types of movable property except money and actionable claims. Contracts of Sale: Differentiates between 'sale' and 'agreement to sell'. Conditions and Warranties: Defines essential and non-essential terms of a contract. Transfer of Property: Rules for determining the passage of ownership. Performance of Contract: Obligations of delivery, acceptance, and payment. Rights of Unpaid Seller: Includes right of lien, stoppage in transit, and resale. Remedies for Breach: Provides remedies for both sellers and buyers. Importance: This Act establishes the legal foundation for sale of goods contracts in India, ensuring structured and equitable commercial practices. Keywords: Sales of Goods Act, 1930; Contract Law; Commercial Transactions; Movable Property; Indian Legislation; Buyer and Seller Rights; Conditions and Warranties. Subjects: Law Commercial Law Contract Law Trade Regulations Call Number: [To be assigned based on the library’s classification system] Additional Notes: The Act embodies the principle of "Caveat Emptor" (Let the buyer beware). Includes implied terms that protect both parties in a sale contract. Essential for understanding the legalities of sale transactions in India. References: Full text of the Sales of Goods Act, 1930 Commentaries and interpretations by legal scholars Case law illustrating applications of the Act Location: [Library Section/Department] Availability: [Status - e.g., Available, Checked Out] Accession Number: [Library-specific number] ER -