This course is a core course for 300 Level Law students. Below is the Course Outline;
Hire-Purchase
- General introduction
- Meaning of Hire Purchase
- Hire Purchase contract distinguished from similar legal transactions
- Formation of the contract
- Obligations of owners and hirer
- Reception of Hire Purchase in Nigeria
- Remedies
- The Hire Purchase Act of 1965
Sales of Goods
1. Introduction
2. The Nature of Contracts of Sale
– What is a Sale Transaction?
– How to Distinguish a Sale from Similar Transactions
– A Sale and An Agreement to Sell
3. What are Goods?
– Classification of Goods
– Existing, Future, Contingent Goods
– Specific, Unascertained Goods
– Transferring of Property in Goods
4. The Money Consideration
– How to Ascertain the Price
5. Capacity of the Parties and other Elements of Contract
6. Implied Terms in a Contract of Sale
– Stipulations as to Time
– Undertakings as to Title
– Correspondence with Description
– Fitness for Purpose
– Merchantable Quality
– Correspondence with Sample
– Exclusion Clauses
7. Transfer of Property in Goods
– Transfer of Property in Specific or Ascertained Goods
– Rule 1, Rule 2, Rule 3, Rule 4
– Transfer of Property in Unascertained or Future Goods
– Rule 5
– Seller’s Reservation of Right of Disposal
8. Transfer of Title By A Non-Owner
– Agency and Estoppel
– Sale by Mercantile Agents
– Sale under Special Powers
– Sale in Market Overt
– Sale under Voidable Title
– Sale by Seller in Possession
– Sale by Buyer in Possession
9. Transfer of Risk
– Effect of Frustration, Damage or Loss of Goods
10. Performance of Contracts of Sale
– Delivery of Goods
– Acceptance of Goods
– Payment of the Price
11. Remedies of the Buyer
– Right of Rejection
– Right of Repudiation
– Action for Damages
– Action for Specific Performance
– Action for Injunction
– Action for Conversion
– Action for Money had and received
12. Remedies of the Seller
– Seller’s Personal Remedies
– Seller’s Real Remedies
– Unpaid Seller’s Lien
– Right of Stoppage in Transitu
– Right of Resale
NB
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