Concept of buyer and seller

You buy a pair of earphones at a mobile shop in Lamington Road. Are you a buyer only after you pay? Or already when you say “I’ll take them”? And is the shopkeeper a seller if the earphones belong to his supplier? The Sale of Goods Act defines buyer and seller in a way that reaches back to the moment of agreeing, not just the moment of paying. The definitions look small, but every later rule in the Act is addressed to these two people.

In two minutes

A buyer is a person who buys or agrees to buy goods and a seller is a person who sells or agrees to sell them; the Act applies from the agreement stage, and it governs only contracts for goods, for a money price, made with capable parties.

The rest of this chapter

The full explanation, the cheat sheet, every previous-year question at every mark weight, the quiz and the answer skeletons are part of Contract – II on LexBlox Semester. Sign in to unlock the subject, or read Module 1 of Legal Language and Writing free.