Consumers Goods - Law Dictionary Search Results
Consumer and service
Consumer and service, it is imperative that the words 'consumer' and 'service' as defined under the Act should be construed to comprehend consumer and services of commercial and trade oriented nature only. Thus any person who is found to have hired services for consideration shall be deemed to be a consumer notwithstanding that the services were in connection with any goods or their user. Such services may be for any connected commercial activity and may also relate to the services as indicated in s. 2(1)(o) of the Act, Regional Provident Fund Commissioner v. Shiv Kumar Joshi, AIR 2000 SC 331 (336). [Consumer Protection Act, (68 of 1986), s. 2(1)(d), s. 2(1)(o)]...
Consumer hire agreement
Consumer hire agreement, the vehicle and credit hire agreements restrict the hiring to a period not exceeding 12 weeks, the liability to pay under the credit hire agreement subsists for more than three months so these are consumer hire agreements, Burdis v. Livsey (CA), (2003) LR 36 QB.Is an agreement for the bailment of goods to the hirer which: '(I).........(a) is not a hire-purchase agreement, and (b) is capable of subsisting for more than there months; and (c) does not require, the hirer to make payments exceeding ' 25,000', Burdis v. Livsey (CA), (2002) 3 WLR 762 [Consumer Credit (Increase of Monetary Limits) Order 1998, s. 15]...
Contracting as consumer
Contracting as consumer, A person enters into a contract as a consumer where he neither makes the contract in the course of a business nor holds himself out as so doing, the other party does make the contract in the course of a business, and any goods passing are of a type ordinarily supplied for private use or consumption, Consumer Arbitration Agreements Act, 1988, s. 3(1) (UK) Halsbury's Laws of England, Vol. (2), para 615, p. 342....
inventory
inventory pl: -ries 1 : an itemized list of current assets: as a : a written list or catalog of the property of an individual, organization, or estate or succession that is made by a fiduciary under oath and that usually describes and assigns a value to the items or classes of property b : aggregate value assigned to an inventory 2 : goods or materials held on hand: as a under the Bankruptcy Code : materials including personal property leased or furnished, held for sale or lease, or to be furnished under a contract for service, raw materials, work in process, or materials used or consumed in a business or held for sale or lease b under section 9-109 of the Uniform Commercial Code : goods that are held by a person who holds them for sale or lease or to be furnished under contracts of service or if he or she has so furnished them or that are raw materials, works in process, or materials used or consumed in a business ...
consumer price index
An index of the cost of all goods and services to a typical consumer calculated and published by the United States Bureau of Labor Statistics abbreviated CPI and usually referred to by that acronym The Bureau maintains several indices for different groups of consumers but the most commonly referred to is the index for ldquoAll urban consumersrdquo called the CPI U The increase of this value each year is one measure of monetary inflation...
sale
sale 1 a : the transfer of title to property from one party to another for a price ;also : the contract of such a transaction see also short compare barter, donation, exchange, gift absolute sale : a sale that takes place without conditions and with title simply passing to the buyer upon payment of the price compare conditional sale in this entry bulk sale : a sale not in the ordinary course of the seller's business of more than half of the seller's inventory called also bulk transfer NOTE: Article 6 of the Uniform Commercial Code governs bulk sales. Under section 6-102(c), in order for a sale to be considered a bulk sale, the buyer (or an auctioneer or liquidator if the sale is an auction) must have been given notice or been able upon reasonable inquiry to have had notice that the seller will not afterward continue to operate the same or a similar kind of business. cash sale : a sale in which payment must be made in cash NOTE: Under U.C.C. section 2-310, payment must be made ...
Wholesale dealer
Wholesale dealer, is a person who keeps for wholesale to traders a commodity for the purpose of trade, Manoharbhai v. Emperor, AIR 1946 Nag 248: 1945 ILR Nag 422: 1946 Mad LJ 319.Means a person who buys or sells excisable goods wholesale for the purpose of trade or manufacture, and includes a broker or commission agent who, in addition to making contracts for the sale or purchase of excisable goods for others, stocks such goods belonging to others as an agent for the purpose of sale. [Central Excise Act, 1944 (10 of 1944), s. 2(k)]One who sells goods in gross to retail dealers rather than selling in smaller quantities directly to consumers, Black's Law Dictionary, 7th Edn., p. 1591.Means a trader who has stock of grains in bags and without breaking the bags sells to retail dealers, V. Sesha Prabhu v. Emperor, AIR 1921 Mad 713....
lease
lease [Anglo-French les, from lesser to grant by lease, from Old French laisser to let go, from Latin laxare to loosen, from laxus slack] 1 a : a contract by which an owner of property conveys exclusive possession, control, use, or enjoyment of it for a specified rent and a specified term after which the property reverts to the owner ;also : the act of such conveyance or the term for which it is made see also sublease compare easement, license security interest at interest, tenancy NOTE: Article 2A of the Uniform Commercial Code, which governs leases where adopted, defines lease as “a transfer of the right to possession and use of goods for a term in return for consideration.” build·ing lease : ground lease in this entry consumer lease : a lease made by a lessor regularly engaged in the selling or leasing of a product to a lessee who is leasing the product primarily for his or her personal or household use finance lease : a lease in which the lessor acquires g...
Advertisement
Advertisement, [fr. avertissement, Fr.], a public notice or announcement of a thing.The duties payable on advertisements were repealed by 16 & 17 Vict. c. 63, s. 5.As to the protection afforded to Trustees and Personal Representatives by issuing an advertisement for creditors before distributing any real or personal property, see (English) Trustee Act, 1925, s. 27, amended by the (English) Law of Property (Amend.) Act, 1926, s. 7, and extending the (English) Law of Property Amendment Act, 1859 (22 & 23 Vict. c. 35), s. 29; Re Bracken, (1890) 43 Ch D 1.The regulation of advertisements is provided for by the (English) Advertisements Regulation Act, 1907 (7 Edw. 7, c. 27), and the (English) Ancient Monuments Act, 1931 (20 & 21 Geo. 5), s. 7. See also Advertisements Regulation Act, 1925, respecting advertisements affecting the view or amenities of a village or historic building. Advertisements for stolen property may amount to an offer to compound a felony, and thus constitute an offence w...
Good manufactured or produced
Good manufactured or produced, the expression 'goods manufactured or produced' must refer to articles which are capable of being sold to a consumer. Union Carbide India Ltd. v. Union of India, AIR 1986 SC 1097: (1986) 2 SCC 547. (Constitution of India, Schedule VII, Article I, Entry 84)...
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