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Nairaland Forum / Entertainment / Jokes Etc / Who Owns The Goat? (38088 Views)
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Re: Who Owns The Goat? by Akinjnr16: 12:50am On Dec 13, 2015 |
OP na my EED question paper you use make front page ! Exactly as for the case study !!! |
Re: Who Owns The Goat? by bigfrancis21: 4:31am On Dec 13, 2015 |
MrImole: The seller still owns the goat given that it did not receive a monetary equivalent for the product (goat) it wanted to sell. The buyer is at loss because he allowed his money get eaten by the product (goat) it wanted to buy. Basically, the buyer is at double loss as he loses both his money and the goat while the seller walks away back home with his goat. |
Re: Who Owns The Goat? by ayo527(m): 8:12am On Dec 13, 2015 |
According to section 1(1) of the Sale of Goods Act A contract of sale is one whereby the seller transfers or agrees to transfer the property in goods to the buyer for a MONEY CONSIDERATION, called the price. Furthermore, Section 28 of the Sale of Goods Act says Unless otherwise agreed, delivery of the goods and payment of the price are concurrent conditions..i.e the seller must be ready and willing to give possession and the buyer must be ready and willing to pay the price.. There was no contrary agreement as to when payment nd delivery should take place, so it is presumed that the intention of the parties was for payment and delivery (of the goat) to be concurrent. Seller was 'ready and willing' to make delivery.. Buyer was NOT 'ready and willing' to pay the money consideration since it's been eaten.. Money consideration was not given to the seller.. There was no sale.. Title in goat was not transferred.. Seller remains the owner.. 1 Like |
Re: Who Owns The Goat? by aparo(m): 8:26am On Dec 13, 2015 |
The goat owns himself now. He has just been freed |
Re: Who Owns The Goat? by ALLI1009(m): 8:32am On Dec 13, 2015 |
the seller still own the goat |
Re: Who Owns The Goat? by Mightyraw(m): 8:55am On Dec 13, 2015 |
Idrismusty97:Dnt u v glasses over there.the question is based on assumption.....do u juss realise Hw stupid u sound 1 Like |
Re: Who Owns The Goat? by ril19(m): 10:35am On Dec 13, 2015 |
Idrismusty97: ANYTHING IS POSSIBLE MY FRIEND |
Re: Who Owns The Goat? by Nobody: 2:45pm On Dec 13, 2015 |
The seller. There's no proof the buyer came with cash! |
Re: Who Owns The Goat? by Nobody: 2:47pm On Dec 13, 2015 |
Idrismusty97: Opinion? Jeez, you just gave one!!! |
Re: Who Owns The Goat? by ekenzify(m): 11:00am On Dec 14, 2015 |
TECHNICALLY, D SELLER STILL OWNS D GOAT, BUT THE BUYER HAS TO BE COMPENSATED FOR DAMAGES...EITHER WITH CASH OR PREFERABLY THE GOAT. SO THE BUYER ACTUALLY OWNS THE GOAT |
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