Introduction: The Sale of Goods Act, 1930 lays down the law concerning the sale of movable property or goods. This act can be appreciated in consonance with other laws such as the Indian Contract Act, 1872 and Transfer of Property Act, 1882. Auctions are the sale of property or goods Read more…
Introduction: Sales can be made in various ways namely, description, sample or combination of sample and description, tenders. Just like the above-stated ways, an auction is also one of the ways in which a sale can be made. Auction has become a very common word after IPL has come into Read more…
Introduction: Whenever there is an offer, given by one particular party to another, what do you think should be the next step? What does the party acting as the offeree do with the offer? One might intuitively say that the party will either accept it or reject it; rather in Read more…