Sales, Personal Property, Bailments, Carriers, Patents, Copyrights, Vol. 5: Examination Questions Albert H Putney

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Published: February 13th 2010

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Sales, Personal Property, Bailments, Carriers, Patents, Copyrights, Vol. 5: Examination Questions  by  Albert H Putney

Sales, Personal Property, Bailments, Carriers, Patents, Copyrights, Vol. 5: Examination Questions by Albert H Putney
February 13th 2010 | ebook | PDF, EPUB, FB2, DjVu, audiobook, mp3, ZIP | | ISBN: | 10.72 Mb

Excerpt from Sales, Personal Property, Bailments, Carriers, Patents, Copyrights, Vol. 5: Examination QuestionsA sale is a complete transfer of the full property rights, that is, the title, in the personal property sold by the seller, and made inMoreExcerpt from Sales, Personal Property, Bailments, Carriers, Patents, Copyrights, Vol. 5: Examination QuestionsA sale is a complete transfer of the full property rights, that is, the title, in the personal property sold by the seller, and made in consideration of the price in money paid by the buyer.

At common law, a sale was styled a bargain and sale of goods, to distinguish it from a contract to sell. Kents definition of a sale, is a contract for the transfer of property from one person to another. The definition of Benjamin, is to be preferred, he defines a sale, as a transfer of the absolute or general property in a thing for a price in money. The latter definition brings to the attention of the student the two distinct property interests in a thing, the general property right and the special property right.

This is of importance in showing the distinction to be made between a sale, and certain other kinds of transfers such as a pledge, and a bailment, if the pledgee for instance transfers to another his interest in the thing pledged, the actual property right in the thing remains in the pledgor. The further element in the definition, that the sale must be for a price in money, is important for if goods are transferred for goods in return, this is not a sale, it is a barter or exchange.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books.

Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy.

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