BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Once the goods are delivered to the buyer’s specified location, the title of ownership of the goods transfers from the seller to the buyer. Consequently, the seller legally owns the goods and is responsible for the goods during the shipping process.

Detailed explanation-2: -(1) A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price. There may be a contract of sale between one part-owner and another. (2) A contract of sale may be absolute or conditional.

Detailed explanation-3: -’Property in Goods’ which means the ownership of goods, is different from ‘ possession of goods’ which means the physical custody or control of the goods. The transfer of property in the goods from the seller to the buyer is the essence of a contract of sale.

Detailed explanation-4: -Explanation: Selling comprises all those personal and impersonal activities involved in finding, securing and developing a demand for a given product or service.

Detailed explanation-5: -If an unpaid seller exercises his right of lien or stoppage in transit and sells the goods to another buyer, then the second buyer gets a good title to the goods as against the original buyer. So in such a case transfer of title will occur.