2019/10/151Chapter2ITLContractLawsUnit4TransferofPropertyandRisks2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks2Contents4.1TransferofProperty4.2ThePassingofRisk2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks34.1TransferofProperty1.CommonLaw•SalesofGoodsActoftheU.K.1.1SpecificGoodsThepropertyofspecificgoodstothebuyeratthetimewhenthepartiesintendittopass.Specificgoodsaregoodsidentifiedandagreeduponatthetimethecontractismade.2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks44.1TransferofPropertyArticle17.Propertypasseswhenintendedtopass(1)Wherethereisacontractforthesaleofspecificgoodsthepropertyinthemistransferredtothebuyeratsuchtimeasthepartiestothecontractintendittobetransferred.2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks54.1TransferofPropertyHowtoascertaintheintentionoftheparties?thetermsofthecontract;theconductoftheparties;andthecircumstancesofthecase.2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks64.1TransferofPropertyRulesforascertainingintention:Unlessadifferentintentionappears,thefollowingarerulesforascertainingtheintentionofthepartiesastothetimeatwhichthepropertyinthegoodsistopasstothebuyer.2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks74.1TransferofPropertyRule1.—Wherethereisanunconditionalcontractforthesaleofspecificgoodsinadeliverablestate,thepropertyinthegoodspassestothebuyerwhenthecontractismade,anditisimmaterialwhetherthetimeofpaymentorthetimeofdelivery,orboth,bepostponed.2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks84.1TransferofPropertyRule2.—Wherethereisacontractforthesaleofspecificgoodsandthesellerisboundtodosomethingtothegoodsforthepurposeofputtingthemintoadeliverablestate,thepropertydoesnotpassuntilthethingisdoneandthebuyerhasnoticethatithasbeendone.(thegoodsarenotinthedeliverablestate)2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks94.1TransferofPropertyRule3.—Wherethereisacontractforthesaleofspecificgoodsinadeliverablestatebutthesellerisboundtoweigh,measure,test,ordosomeotheractorthingwithreferencetothegoodsforthepurposeofascertainingtheprice,thepropertydoesnotpassuntiltheactorthingisdoneandthebuyerhasnoticethatithasbeendone.2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks104.1TransferofPropertyRule4.—Whengoodsaredeliveredtothebuyer“onapproval”or“onsaleorreturn”orothersimilartermsthepropertyinthegoodspassestothebuyer:—(a)whenhesignifieshisapprovaloracceptancetothesellerordoesanyotheractadoptingthetransaction;2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks114.1PassingofProperty(b)ifhedoesnotsignifyhisapprovaloracceptancetothesellerbutretainsthegoodswithoutgivingnoticeofrejection,then,ifatimehasbeenfixedforthereturnofthegoods,ontheexpirationofthattime,and,ifnotimehasbeenfixed,ontheexpirationofareasonabletime.2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks124.1PassingofProperty1.2forunascertainedgoodsRule5.—Wherethereisacontractforthesaleofunascertainedbydescription,andgoodsofthatdescriptionandinadeliverablestateareunconditionallyappropriatedtothecontract,eitherbythesellerwiththeassentofthebuyerorbythebuyerwiththeassentoftheseller,thepropertyinthegoodsthenpassestothebuyer;andtheassentmaybeexpressorimplied,andmaybegiveneitherbeforeofaftertheappropriationismade.2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks134.1PassingofProperty如一项契约是凭说明书买卖未经指定的货物,当符合有关说明书的并处于可交付状态的货物,无条件地归拨给该项契约项下时,则或者由卖方提出而取得买方同意,或者由买方提出而取得卖方同意,货物的财产权即告移转给买方。此项同意可以用明示或默示的方法,可以在货物归拨之前或以后为之。2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks144.1PassingofProperty2.UnderUCC:§2-401.PassingofTitle;(1)Titletogoodscannotpassunderacontractforsalepriortotheiridentificationtothecontract.2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks154.1PassingofProperty(2)Unlessotherwiseexplicitlyagreedtitlepassestothebuyeratthetimeandplaceatwhichthesellercompleteshisperformancewithreferencetothephysicaldeliveryofthegoods,despiteanyreservationofasecurityinterestandeventhoughadocumentoftitleistobedeliveredatadifferenttimeorplace;2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks164.1PassingofProperty(a)ifthecontractrequiresorauthorizesthesellertosendthegoodstothebuyerbutdoesnotrequirehimtodeliverthematdestination,titlepassestothebuyeratthetimeandplaceofshipment;2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks174.1PassingofProperty(b)ifthecontractrequiresdeliveryatdestination,titlepassesontenderthere.2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks184.1PassingofProperty(3)Unlessotherwiseexplicitlyagreedwheredeliveryistobemadewithoutmovingthegoods,(a)iftheselleristodeliveratangibledocumentoftitle,titlepassesatthetimewhenandtheplacewherehedeliverssuchdocuments,andiftheselleristodeliveranelectronicdocumentoftitle,titlepasseswhenthesellerdeliversthedocument;2019/10/15Chapter2ITLContractLawUnit4TransferofPropertyandRisks194.1PassingofProperty(b)ifthegoodsareatthetimeofcontractingalreadyiden