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Sale of Goods Act (SoGA) 1932

Title

45:30

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Indian Economy - Understanding the basics of Indian economic system

When is the sale by mercantile agent who is in the possession of the goods or documents of the title to the goods not valid:

When the mercantile agent acts in the ordinary course of business

When the buyer is acting in good faith and

When the buyer acts in good faith and has notice that the seller has no authority to sell at the time of the contract of sale

When the owner has expressly authorised the act

When the buyer acts in good faith and has notice that the seller has no authority to sell at the time of the contract of sale