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E-raamat: Sale of Goods

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Michael Bridge (Professor of Commercial Law, London School of Economics)

Formaat: 912 pages
Ilmumisaeg: 19-Dec-2019
Kirjastus: Oxford University Press
Keel: eng
ISBN-13: 9780192569042

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Formaat: 912 pages
Ilmumisaeg: 19-Dec-2019
Kirjastus: Oxford University Press
Keel: eng
ISBN-13: 9780192569042

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The fourth edition of this established and highly-regarded work is the most systematic study available of the law of sale of goods with reference to UK and Commonwealth authorities and relevant UK and EU legislation.

A distinguishing feature of the work is the depth of treatment of problem areas, providing clarity on the law. It provides full coverage of content, interpretation and performance issues relating to sale of goods agreements. The book also addresses the relevant aspects of consumer law, as well as issues such as recoverability of damages, currency and interest.

The work has been updated in its fourth edition to cover all recent developments in caselaw, most notably The Supreme Court in PST Energy 7 Shipping LLC v OW Bunker Malta Ltd (The Res Cogitans) [ 2016] UKSC 23 which has given rise to a new category of contract: the sui generis supply contract, for which no statutory model yet exists. Also examined in depth is the Consumer Rights Act 2015, which has profoundly affected the structure of sales law and, in a number of key instances, has also affected the substance of the law.

This work remains the leading work of scholarship and an invaluable reference for all practitioners and scholars working in the field.

Table of Cases

xiii

Table of Legislation

lxxxiii

List of Abbreviations

xcix

1 Introduction and Conclusion of the Contract

Introduction

(22)

Background to Modern Sale of Goods Legislation

(7)

Code and Common Law

(4)

Sale of Goods Act and Common Law

(11)

Conclusion of the Contract

Formalities

(4)

Unsolicited Goods

(2)

Electronic Commerce

(2)

Auctions

(3)

Cancellation of the Contract and Early Termination

(7)

Capacity

(2)

Unstated Price

2 Definition and Subject Matter of the Sale of Goods Contract

Introduction

(1)

Definition of `Goods'

(24)

Crops and Natural Produce

(8)

Fixtures

(2)

Minerals and Energy

(2)

Body Parts

(3)

Things in Action and Money

(2)

Shares in Goods

(2)

Computer Software

(3)

A `Money Consideration Called the Price'

(11)

Credit Cards and Other Cards

(5)

Trading Stamps, Points, and Vouchers

(1)

Basic Statutory Distinctions

(18)

Contract and Conveyance

(4)

Existing and Future Goods

(3)

Specific and Unascertained Goods

(5)

General and Special Property

(5)

The Contract of Sale and Related Transactions Involving Goods

(2)

Work and Materials Contracts

(7)

Barter and Trade-in Agreements

(2)

Bailment Agreements

(17)

Gift

(2)

Agency Agreements

(2)

Security Agreements

3 The Passing of Property

Introduction

(1)

The Rule Structure

(5)

Specific Goods

(22)

Section 18, Rules 1-3

(10)

Sale or Return and Sale on Approval

(12)

Unascertained and Future Goods

(49)

Ascertainment and Existence

(7)

Overcoming Section 16

(30)

Unconditional Appropriation

(12)

Reserving the Right of Disposal

(4)

Nature of the Seller's Reservation

(3)

Non-statutory Examples of Reservation

(1)

Bill of Lading and Bill of Exchange

(1)

Reservation of Tide Clauses

(4)

All-moneys Clauses

(2)

Altered Goods

(1)

Tracing Claims

(3)

Extended Title Reservation

(4)

Insolvency and Title Reservation

101

4 Risk, Mistake, and Frustration

Introduction

(1)

Risk

(39)

Meaning of Risk

(4)

Allocation of Risk

(7)

Risk and Quality Obligations

(2)

Risk and Carriage

(6)

Risk and Export Sales

(6)

Risk and Breach of Contract

(3)

Risk and Delayed Delivery

(5)

Risk and Third-Party Tortfeasors

(5)

Frustration

(28)

Frustration and Risk

(3)

Frustration and Fault

(2)

Frustration and Quality Obligations

(2)

Section 7 and Foresight

(1)

Partial and Temporary Frustration

(9)

Frustration and Unascertained Goods

(3)

Express Clauses

(3)

Consequences of Frustration

(3)

Mistake

5 The Seller's Duty and Power to Transfer Title

Introduction

(1)

The Seller's Duty to Transfer Title

(41)

Title and Failure of Consideration

(13)

Limited Title Sales and Exclusion Clauses

(6)

Range of Section 12(1)

(5)

Non-sale Contracts

(3)

Section 12 Warranties

(2)

Quiet Possession

(6)

The Nemo Dat Rule and its Exceptions

(5)

Sales under a Voidable Title

(13)

Apparent Authority and Apparent Ownership

(27)

Mercantile Agency

(30)

The Seller in Possession

118

(36)

The Buyer in Possession

154

(18)

Part III Of the Hire Purchase Act 1964

172

(9)

Other Powers of Sale

181

6 Delivery, Acceptance, and Payment

Introduction

(1)

The Seller's Duty to Deliver

(92)

Meaning of Delivery and Acceptance

(6)

Place of Delivery and Acceptance

(5)

Time of Delivery and Acceptance

(12)

Delivery, Acceptance, and Time of the Essence

(15)

The Seller's Duty to Deliver the Agreed Quantity

(17)

The Seller's Documentary Delivery Obligations

(37)

The Buyer's Duty to Pay

(34)

Documentary Letters of Credit

(4)

Time and Payment

102

(4)

Opening Letters of Credit

106

(7)

Payment and Examination

113

(3)

Payment under Letters of Credit

116

(8)

Concurrence of Payment and Delivery

124

(4)

Waiver of Delivery and Payment Obligations

128

7 The Implied Terms of Description, Fitness, and Quality

Introduction

(3)

Correspondence with Contractual Description

(30)

Description and Satisfactory Quality

(3)

Sale by Description

(4)

Words of Description

(6)

Specific and Unascertained Goods

(3)

The Modern Law

(9)

Alignment with General Contract Law

(3)

Satisfactory Quality

(56)

Sale in the Course of a Business

(6)

Development of Merchantable Quality

(5)

Judicial Definitions of Merchantable Quality

(11)

The 1973 Definition of Merchantable Quality

(3)

Satisfactory Quality

(21)

Second-hand Goods

(1)

Resale

(2)

Examination

(5)

Reasonable Fitness for Purpose

(48)

Development of Fitness for Purpose

(5)

Sale in the Course of a Business

(1)

Strict Liability

(2)

Disclosure and Purpose

100

(11)

Hypersensitive Buyers

111

(1)

Reasonable Fitness

112

(4)

Second-hand Goods

116

(2)

Durability

118

(4)

Reliance

122

(8)

Partial Reliance

130

(2)

Negligent Buyers

132

(1)

Trade Name

133

(1)

Negligence and the Seller

134

(4)

Terms Implied in a Sale by Sample

138

(7)

Other Implied Terms

145

(2)

Terms in Transactions Similar to Sale

147

8 Other Liabilities of the Seller and Liabilities of Third Parties

Introduction

(1)

Other Liabilities of the Seller

(64)

Development of Express Warranty

(6)

Modern Law of Express Warranty

(8)

Deceit

(2)

Innocent Misrepresentation

(29)

Negligent Misstatement in Tort Law

(2)

Criminal and Regulatory Legislation

(10)

Civil Recourse

(6)

Liabilities of Third Parties

(1)

The Indemnity Chain

(2)

Negligence

(3)

Express Warranty and Guarantee

(7)

Product Liability and Extended Warranty

(13)

The Consumer Protection Act 1987

(11)

Issuers of Credit Cards

103

9 Unfair Contract Terms

Common Law

(20)

Statute

(1)

The Unfair Contract Terms Act 1977

(12)

The Consumer Rights Act 2015

10 Termination of the Contract for Breach

Introduction

(3)

Discharge: Conditions, Warranties, and Innominate Terms

(44)

Breach of Contract Principles before the Codification of Sale

(6)

Statutory Termination Rules before the Sale and Supply of Goods Act 1994

(8)

Slight Breach and Section 15A

(7)

Termination Developments in Modern Contract Law

(18)

The Buyer's Rights of Examination and Rejection

(37)

General

(4)

Examination

(6)

Acceptance

(27)

Instalment Contracts

(13)

Termination of Instalment Contracts

(9)

Rejecting Particular Instalments

(1)

The Rights and Remedies of Consumer Buyers

(16)

Origin and Scope

(6)

Short-Term Rejection

104

(2)

The Directive Remedies

106

(8)

Innocent Misrepresentation and Rescission

114

(9)

Rescission and Rejection

115

(4)

Aligning Rescission and Rejection Rights

119

(4)

Rejection and Documentary Sales

123

(11)

Documentary and Physical Breach

124

(8)

Damages and Prospective Physical Breach

132

(2)

Cure and Termination

134

(3)

Tender and Cure

137

(7)

Agreements to Cure

144

11 The Remedies of the Seller and the Buyer I

Introduction

(1)

The Seller's Real Remedies

(57)

`Unpaid Seller'

(2)

Insolvency

(3)

The Unpaid Seller's Lien

(16)

The Right of Stoppage in Transit

(20)

The Right of Resale

(15)

Enforcing the Primary Obligations of the Parties

(1)

The Action for the Price

(36)

Specific Relief

12 The Remedies of the Seller and the Buyer II

Introduction

(1)

The Secondary Obligation to Pay Damages: Common Issues

(80)

Expectation and Reliance Damages

(7)

Agreed Damages and Penalty Clauses

(5)

Rules Limiting Damages Recovery

(15)

Mitigation of Damages

(26)

Measuring Losses According to the Market

(21)

Residual Damages Claims

(6)

The Secondary Obligation to Pay Damages: Specific Problems

(715)

The Sub-sales Problem

(23)

The Lost Volume Problem

106

(12)

Breach of Warranty by the Seller

118

(679)

Index

797

Michael Bridge is Cassel Professor of Commercial Law, London School of Economics and Professor of Law, National University of Singapore. Previously he was Dean of Laws and Professor of Commercial Law at UCL. Prior to that, Hind Professor of Commercial Law and Head of the Department of Law at the University of Nottingham and Professor of Law at McGill University; Fellow of the British Academy and Bencher of Middle Temple; Author of numerous books and many articles and chapters in the field of commercial and contract law; Door tenant 20 Essex Street Chambers.

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