Question Tag: Buyer’s Rights

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BL – Nov 2020 – L1 – SB – Q4c – Sale of Goods

List situations where a seller without title can pass good title to a buyer.

In sale of goods law, a buyer could acquire ownership of goods only if the seller had title to such goods.

Required:
State FIVE instances where a seller who has no title could pass a good title to the buyer in a sale of goods transaction.

 

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BL – Nov 2020 – L1 – SB – Q3c – Hire Purchase and Consumer Credit Transactions

Define hire purchase and advise on rights after repossession under partial payment.

A hire purchase agreement is a transaction with strict rules and regulations.

Required:
i. What is hire purchase?
ii. Case Scenario:
Ronke entered into a hire purchase agreement to buy a Nissan Micra car belonging to Fred. Ronke paid the sum of N900,000 out of the agreed price of N1,000,000. After unsuccessful demands by Fred for the balance of N100,000 on the car, Fred seized the car in front of Ronke’s house.

Advise Ronke on her rights, if any.

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BL – Nov 2023 – L1 – SB – Q3b – Sale of Goods

Discusses property and possession in a sale of goods contract and outlines the buyer’s rights.

Sale of goods contract involves the seller transferring ownership of goods to the buyer for a price.
Required:
i. Explain property and possession in sale of goods contract.
(2 Marks)
ii. State THREE rights of a buyer in sale of goods contract. (3 Marks)

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BL – May 2023 – L1 – SA – Q4 – Sale of Goods

Identify the correct term for the seller's wrongful refusal to release possession of goods to the buyer.

In a sale of goods, the wrongful refusal of the seller to release possession of goods to the buyer is called:

A. Retinue
B. Seizure
C. Impoundment
D. Detinue
E. Stoppage

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BL – Nov 2020 – L1 – SB – Q4c – Sale of Goods

List situations where a seller without title can pass good title to a buyer.

In sale of goods law, a buyer could acquire ownership of goods only if the seller had title to such goods.

Required:
State FIVE instances where a seller who has no title could pass a good title to the buyer in a sale of goods transaction.

 

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BL – Nov 2020 – L1 – SB – Q3c – Hire Purchase and Consumer Credit Transactions

Define hire purchase and advise on rights after repossession under partial payment.

A hire purchase agreement is a transaction with strict rules and regulations.

Required:
i. What is hire purchase?
ii. Case Scenario:
Ronke entered into a hire purchase agreement to buy a Nissan Micra car belonging to Fred. Ronke paid the sum of N900,000 out of the agreed price of N1,000,000. After unsuccessful demands by Fred for the balance of N100,000 on the car, Fred seized the car in front of Ronke’s house.

Advise Ronke on her rights, if any.

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BL – Nov 2023 – L1 – SB – Q3b – Sale of Goods

Discusses property and possession in a sale of goods contract and outlines the buyer’s rights.

Sale of goods contract involves the seller transferring ownership of goods to the buyer for a price.
Required:
i. Explain property and possession in sale of goods contract.
(2 Marks)
ii. State THREE rights of a buyer in sale of goods contract. (3 Marks)

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BL – May 2023 – L1 – SA – Q4 – Sale of Goods

Identify the correct term for the seller's wrongful refusal to release possession of goods to the buyer.

In a sale of goods, the wrongful refusal of the seller to release possession of goods to the buyer is called:

A. Retinue
B. Seizure
C. Impoundment
D. Detinue
E. Stoppage

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