Sales of goods act - SS2 Commerce Past Questions and Answers - page 1
The Sale of Goods Act applies to the sale of which of the following?
Services
Real estate
Tangible goods
Which term refers to the automatic application of certain terms to a sales contract?
Implied terms
Express terms
Legal terms
What is the right of buyers if the goods purchased do not meet the implied terms of the Sale of Goods Act?
Right to cancel the contract
Right to reject
Right to claim damages
What obligations do sellers have under the Sale of Goods Act?
Provide accurate information about the goods
Disclose any known defects or issues
All of the above
Which provision of the Sale of Goods Act protects consumers in commercial transactions?
Right to reject
Consumer protection
Seller's obligations
Explain the concept of implied terms under the Sale of Goods Act.
Implied terms are certain terms that automatically apply to a sales contract, even if they are not explicitly stated. These terms ensure that the goods being sold are of satisfactory quality, fit for their intended purpose, and match the description provided.
What is the right of buyers if the goods purchased do not meet the implied terms of the Sale of Goods Act?
Buyers have the right to reject the goods and request a refund or replacement within a reasonable time frame if the goods do not meet the implied terms. This ensures that consumers receive goods that are of satisfactory quality, fit for purpose, and as described.