Explain the rules for transfer of property in goods under the sales of goods act 1930
Rules Regarding Transfer of Property have two heads:
1. Specific goods and ascertained goods (for both of them rule is same)
2. Unascertained goods and future goods (for both of them rule is same)
1.Specific goods and ascertained goods (for both of them rule is
same)
a) Deliverable State
The specific/ ascertained goods must be in deliverable state which means the state in which buyer can’t refuse the delivery of the goods and bound to take the delivery of the goods.
Example: Polished furniture is ready for purchase at the showroom.
Here, furniture is in deliverable state.
Rules: The ownership/property in goods is said to be transferred
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