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Welcome to Idea Infusion, your one-stop destination for Commerce, Business Law, and Delhi University syllabus-based learning. In this comprehensive one-shot lecture, we cover the entire Unit 4 – The Sale of Goods Act, 1930 from the Business Law syllabus of B.Com (Hons.), B.Com (Prog.), and BBA (Semester 1). This video provides a complete understanding of the Sale of Goods Act, 1930, explained in easy and simple language, suitable for beginners and revision before exams. Every concept, section, and legal term is broken down with examples, differences, and case laws, helping you score high marks in your university exams. --- 🧠 What You’ll Learn in This One Shot Lecture: 1. Introduction and Overview Meaning, Definition, and Scope of the Sale of Goods Act, 1930 Importance and Objectives of the Act Applicability and Legal Framework 2. Contract of Sale Meaning and Definition of Sale and Agreement to Sell Essentials of a Contract of Sale Types of Goods – Existing, Future, and Contingent Goods Difference between Sale and Agreement to Sell 3. Conditions and Warranties (Sections 12–17) Meaning and Distinction between Condition and Warranty Implied Conditions and Implied Warranties When a Condition is Treated as a Warranty 4. Doctrine of Caveat Emptor Meaning and Principle of “Let the Buyer Beware” Exceptions to the Doctrine of Caveat Emptor Case Laws explaining the doctrine 5. Transfer of Property in Goods Meaning of Property and Ownership Rules regarding Transfer of Ownership Transfer of Property in Specific and Unascertained Goods Importance of Ownership Transfer 6. Transfer of Title Meaning of Title to Goods The Rule of “Nemo Dat Quod Non Habet” (No one can give what he does not have) Exceptions to the Rule – Sale by Mercantile Agent, Estoppel, and others 7. Performance of Contract of Sale Duties of Seller and Buyer Delivery of Goods – Rules regarding delivery and acceptance Payment and Transfer of Risk 8. Rights of Unpaid Seller Meaning of Unpaid Seller Rights of Unpaid Seller Against the Goods – Lien, Stoppage in Transit, Resale Rights of Unpaid Seller Against the Buyer Personally – Suit for Price, Damages 9. Remedies for Breach of Contract Remedies available to Seller and Buyer Suit for Price, Damages, and Non-Delivery Remedies for Wrongful Refusal and Repudiation 10. Auction Sale (Section 64) Meaning and Features of Auction Sale Legal Rules regarding Auction Sale Sale with Reserve and Without Reserve Price Rights of the Seller and Buyer in Auction --- 🎯 Key Features of This Lecture ✅ Complete coverage of Delhi University Business Law Unit 4 syllabus ✅ Explained with examples, sections, and case studies ✅ Easy and simple language – suitable for beginners ✅ Ideal for exam preparation, quick revision, and conceptual clarity ✅ Includes previous year questions and key differences ✅ Helpful for B.Com (Hons.), B.Com Programme, BBA, and other commerce courses --- 🧾 About the Sale of Goods Act, 1930 The Sale of Goods Act, 1930 is a fundamental law that regulates the sale and purchase of goods in India. It defines the relationship between buyer and seller, their rights, duties, and liabilities, and provides remedies in case of breach of contract. Understanding this Act helps students grasp how commercial transactions, contracts, and business laws operate in real-life business situations. --- 📘 Exam Relevance This chapter is highly important for Delhi University Business Law Semester 1 exams and often carries 8–10 marks long questions and case-based questions. Concepts like Sale vs Agreement to Sell, Conditions and Warranties, Caveat Emptor, and Rights of Unpaid Seller are frequently asked in exams Business Law Unit 4 | Sale of Goods Act 1930 | Sale of Goods Act Explained | Business Law One Shot | Business Law Notes | BCom Semester 1 | Delhi University | DU Business Law | Contract of Sale | Agreement to Sell | Conditions and Warranties | Caveat Emptor | Transfer of Property | Transfer of Title | Unpaid Seller | Remedies for Breach | Auction Sale | Indian Contract Law | BCom Hons Business Law | Business Law Lecture | BCom Business Law Complete | One Shot Business Law | Commerce Classes | Business Law Hindi Explanation | Business Law Full Syllabus | Business Law Revision | Sale of Goods Act Detailed Explanation | Business Law for Beginners --- 🎥 This Video is Ideal For: Delhi University (DU) B.Com (Hons.) and B.Com (Prog.) students BBA and BA (Prog.) students with Business Law subject Students of IGNOU, IPU, CCSU, Mumbai University, and other Indian Universities Anyone preparing for UG Commerce exams or Business Law basics --- Telegram : t.me/idea_infusion 💬 Don’t Forget To: 👍 Like the video if you found it helpful 💬 Comment your doubts or topics you want next 📩 Share this video with your classmates and friends 🔔 Subscribe to Idea Infusion for more Business Law, Economics, and Commerce One Shot Lectures