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Sale of Goods Act, 1962 🇬🇭


Coat of Arms
Republic of Ghana


The one hundred and thirty-seventh

Act

of the parliament of the republic of ghana
entitled

Sale of Goods Act, 1962

  • Assented to on 11 July 1962
  • Commenced on 11 October 1962
AN ACT to codify with amendments the law relating to the sale and hire purchase of goods and to provide for related matters.

Part I – NATURE AND FORMATION OF THE CONTRACT

1. Contract of sale

(1)A contract of sale of goods is a contract by which the seller agrees to transfer the property in the goods to the buyer for a consideration called the price, consisting wholly or partly of money.
(2)Where, by virtue of one or more contracts, a person has agreed for value to bail goods to a bailee on the terms that the property in the goods will or may at the option of the bailee pass to the bailee then, for the purposes of this Act,(a)that person has agreed to transfer the property in the goods to the bailee, and(b)the bailor is the seller and the bailee is the buyer.
(3)There may be a contract of sale between one part …

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