Legal Principle An essential condition in a contract for sale of goods is that the seller hastitle o...........

Legal Reasoning Others

Legal Principle: An essential condition in a contract for sale of goods is that the seller hastitle over the goods sold.

Fact Situation: Ranjan pays rupees two thousand and buys a watch from Mohit who runs a watchshowroom and a repair shop. Jatin sees the watch with Ranjan and tells him that it is his watch and wasonly given to Mohit for repairs. If what Jatin says is true.

Which of the following statements is the most appropriate in relation to the legal principle stated above?

Ranjan is now the owner of the watch since he paid rupees two thousand for it.

Ranjan is not the owner of the watch since Mohit did not have a title to it.

Mohit must pay Jatin rupees two thousand since he sold Jatin’s watch.

Mohit is the owner of the watch since he sold it to Ranjan.

Explanation:

Ranjan is not the owner of the watch since Mohit did not have a title to it, because an essential condition in a contract for sale of goods is that the seller hastitle over the goods sold.