Personal reflection paper – II

Hayagreevan – FX20016

These are the learning from the class sessions:

1. Law of goods act:

 A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the
property in goods to the buyer for a price.

 There may be a contract of sale between one part owner and another.

 A contract of sale may be absolute or conditional.

2. Transfer of property Act:

 The Transfer of Property Act happened to be one of the early legislations of the nineteenth
century.
 The Act is having an important place in the statute book with the main objective to render the
system of transfer of immovable property a system of public transfer.
 Registration is therefore generally insisted upon for completing transfer, except in cases of
transactions of small value.

3. Contract of work and labor:

 The relations between capital and labor are not merely contractual. They are so impressed with
public interest that labor contracts must yield to the common good. Therefore, such contracts
are subject to the special laws on labor unions, collective bargaining, strikes and lockouts, closed
shop, wages, working conditions, hours of labor and similar subjects.
 Neither capital nor labor shall act oppressively against the other or impair the interest or
convenience of the public.
 In case of doubt, all labor legislation and all labor contracts shall be construed in favor of the
safety and decent living for the laborer

4. Quasi Contracts:

 Quasi means ‘almost’ or ‘apparently but not really’ or ‘as if it were’

 Obligation between parties is not contractual but one which is treated as contractual by law
  Courts create quasi contracts to protect the unjust enrichment of the parties in dispute over
payment of goods or services  

Necessaries includes:

• Things suited to the conditions of incompetent parties

• Articles without which a person cannot reasonably exist

• Articles required to maintain a particular person in the state and degree in which he is

Illustration:

• A supplies B, a lunatic, with necessaries suitable to his condition in life. A is entitled to

be reimbursed from B’s property.

A minor studying at Cambridge was supplied with clothing, including eleven waist- wats. He already had
sufficient clothing with him. It was held that the waist-wats were not necessary articles and so he was
not required to pay for them