SELLING GOODS.

Taranaki Daily News, 16 February 1921, Page 5

SELLING GOODS.

POINTS FOR BUYER AND SELLER. An interesting address on the “Sale of Goods Act” was given by Mr. C. H. Weston at the quarterly meeting of the Taranaki Employers* Association last night. The speaker, in dealing with the various principles laid down, stated that in the case of a sale by sample there were three necessary conditions: (1) That the bulk goods shall correspond with the sample; (2) that the buyer alta.ll have reasonable opportunity of comparing the bulk with the sample; and (3) that the goods shall be free from any defects. rendering them unmarketable, and which were not apparent on reasonable examination of the sample. An interesting point relating to the sale of goods, the speaker said, the question of when the goods ceased to be the property of the seller and became the property of the buyer, and together with this he referred to the question of risk. An authority was quoted showing that when there was an unconditional con- X tract for the sale of specific goods in a deliverable state, they passed to the buyer when the contract was made, and it was immaterial whether the time of payment, time of delivery, or both, were postponed. With regard to sales on approval, there were a number of rules. Where goods were delivered to a buyer on approval, the sale was completed when the prospective purchaser signified hia approval or acceptance to the seller, or did any other act adopting the transac<tion. If he did not do this, but retained the goods without giving notice of rejection, and a time had been fixed for return of the goods, the property passed over at the expiration of that time; or, when no period had been fixed, at the expiration* of a reasonable time. Subsequent matters touched on were the question of title to goods, including the cases of purchase on time payment system, and in instances where goods have been obtained by fraud. Mr. Weston also dealt with the rule as to payment, and in connection with delivery of wrong quantities he said that if a consignment of any class of goods was either short in number, the quantity ordered, this enfjffJetl th? buyer to reject the whole lot, could take the quantities which came to hand and pay for them pro rata, n "ding. to. whether they were more or less

At the conclusion of th? address a number of questions were irv and after these had been dealt w t - meeting carried a hearty vote of th. ks to .Weston. j