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Discuss the rights and duties of a seller and a buyer as per the provisions of the Sale of Goods Act, 1930.

Rights and Duties of a Seller under the Sale of Goods Act, 1930:

Rights of a Seller:

  1. Right to Sell: The seller has the right to sell the goods, and the buyer obtains good title to the goods purchased.
  2. Right to Receive Price: The seller has the right to receive the agreed-upon price for the goods sold.
  3. Right to Sue for Price: If the buyer fails to pay the price, the seller has the right to sue for the price of the goods.
  4. Right to Stop Goods in Transit: If the buyer becomes insolvent, the seller can stop the goods in transit and regain possession of them.

Duties of a Seller:

  1. Delivery of Goods: The seller must deliver the goods to the buyer in accordance with the terms of the contract.
  2. Transfer of Title: The seller must transfer the ownership and title of the goods to the buyer.
  3. Warranties: The seller must fulfill any express or implied warranties regarding the quality, condition, and fitness of the goods, unless otherwise agreed.
  4. Provide Proper Documents: The seller must provide the necessary documents related to the goods, such as invoices, bills of lading, and certificates of origin.

Rights and Duties of a Buyer under the Sale of Goods Act, 1930:

Rights of a Buyer:

  1. Right to Obtain Goods: The buyer has the right to obtain the goods as per the terms of the contract.
  2. Right to Reject Non-Conforming Goods: If the goods delivered do not conform to the contract, the buyer has the right to reject them.
  3. Right to Sue for Damages: If the seller breaches the contract, the buyer has the right to sue for damages.
  4. Right to Inspect Goods: The buyer has the right to inspect the goods before accepting them.

Duties of a Buyer:

  1. Acceptance of Goods: The buyer must accept the goods delivered by the seller, unless there is a valid reason to reject them.
  2. Payment of Price: The buyer must pay the agreed-upon price for the goods within the specified timeframe.
  3. Provide Necessary Information: The buyer must provide accurate and necessary information to the seller for the performance of the contract.
  4. Take Delivery: The buyer must take delivery of the goods as per the terms of the contract.