Your assignment is to prepare and submit a paper on international trade law. The conclusion is that Megastores should shoulder the responsibility for the damage to the two toys whilst Toys4U should be

Your assignment is to prepare and submit a paper on international trade law. The conclusion is that Megastores should shoulder the responsibility for the damage to the two toys whilst Toys4U should be free from such responsibility.

The parties involved here are Megastores and Toys4U, the seller and the buyer, respectively. The subject of the contract of sale is a Polaris missile toy, ten units of them. Megastores contended that Toys4U was liable for the damage of two of the toys because ownership had already passed to the latter at the time the damage occurred. The issue here is whether or not ownership had already passed to Toys4U at the time of the damage.

Toys4U is not liable for the damage of the two Polaris missiles toys because it occurred before ownership passed from Megastores to Toys4U. This is supported by the provisions of the Sale of Goods Act 1979 (Soga) and pertinent case law previously decided by the courts.

The applicable statute here is the Sale of Goods Act 1979 (Soga hereafter), which received Royal Assent on December 6, 1979, and took effect commencing January 1, 1980. The Soga governs transactions of sale of goods within the jurisdiction of the United Kingdom. Specific provisions of said law applicable here are: s 2(1), which defines a contract of sale. s 17 (1) and (2), which provide for the exact time-specific or ascertained goods are deemed transferred from seller to buyer. s 18 Rule 2, which provides for the exact time property passes from seller to buyer when seller is first required to put goods in a deliverable state, and. s 20 (1), which allocates risk liability to parties.

Section 20 (1) of the SoGA 1979 provides that the property subject of the sale remains at the risk of the seller until transferred to the buyer. This means that Megastores should shoulder damage sustained by the toys unless ownership was explicitly or implicitly passed to Toys4U at the time of the sale. Since there was no explicit agreement to this effect by the parties at the time of sale, hence. a determination as to the implicit intention of the parties should be made.&nbsp.&nbsp.

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10