Sale of Goods Act 1979 financial definition of Sale of Goods Act 1979
Sale of Goods Act 1979
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Sale of Goods Act 1979 a UK Act which provides protection to the purchaser of a GOOD by laying down certain legal obligations which a supplier must fulfil as part of the CONTRACT OF SALE. These obligations include that the goods supplied correspond with the description of the goods and that goods are of merchantable quality that is, ‘fit for the purpose’ for which they are intended. See CONSUMER PROTECTION.