The Consumer Rights Act 2015 (wk 6)

Question 1

types of terms?

Answer 1

Express: terms are stated and agreed upon

Implied: terms not explicitly stated but assumed to be part of contract by law

Incorporated by reference: not directly written in main contract but included by referring to another source.

Question 2

The Sale of Goods Act 1979

Answer 2

governs business to business and private to private contracts.

SALE: owenerhsip of goods passed as soon as contract is formed

AGREEMENT TO SELL: ownership of goods tranferred from seller to buyer after formation of contract

Question 3

The Consumer Rights Act 2015

Answer 3

governs business to consumer contracts for sale of goods/services

SALES CONTRACT: transfer ownership of goods to consumer who agreed to pay the price

HIRE PURCHASE: leasing goods for periodic payments, have option to purchase at the end of leasing period

CONTRACT FOR HIRE: trader provides consumer the right to utalise goods for a limited time

CONTRACT FOR TRANSFER OF GOODS: goods exchanged without money