AN EXAMINATION OF SALE OF GOODS LAW IN NIGERIA Written by Dorothy Umoatan
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Abstract
Certain commercial transactions are not new to our indigenous society. Sale of goods is one of such transactions which were in existence before the introduction of English legal system. These indigenous systems have given way to modern system tailored in line with the English common law and statutes. The sale of goods is essentially a part of law of contract. Contract of sale of goods reflects the transfer or agreement to transfer the property in goods from the seller to the buyer. In a contract of sale, the seller agrees to transfer his interest in the goods. The seller in most cases who was in possession would transfer a possessory title, and the fact of the possession would be strong evidence of ownership. Consequently the laws regulating sale of goods have not therefore, done away with the general rules relating to contract; hence, offer and acceptance, consideration and other elements of a valid contract must be present in a contract of sale of goods. This article examines the sale of goods law in Nigeria and proffer suggestions where necessary.
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