Define the term Delivery. Also Explain the modes of Delivery of Goods.
Define the term Delivery. Also explain the modes of Delivery of Goods. Meaning- The voluntary transfer of possession from one person to another is referred to as delivery of goods. A delivery process is the goal or end result of any such procedure that results in the items being delivered to the buyer. The products may be delivered even if they are transferred to someone other than the buyer who is authorized to hold the items on the buyer's behalf. Definition- On Delivery of goods by the seller (Section 31): “ Delivery of goods means voluntary transfer of possession of goods from one person to another. ”-U/S 2(2) of Sale of Goods Act,1930. Modes of delivery of goods- 1. Actual Delivery- By giving in possession, the seller physically hands over the agreed items to the buyer. In other words, where the goods are actually given by one person to another it is called actual delivery of goods. For example- A, the seller, hands ov...