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Sales of goods act 1930
Corporate & Other Laws
As per the section 26 In case delayed delivery the "loss" will be borne by the party in fault What type of loss describe here Is it loss occurred from damage of the goods or the loss bear by the seller for the reason of cancellation of special opportunity of sale
Answers (1)
Here the loss implies that the liability of damage will lie on the party at fault. For example Mr A a seller ordered some branded rice from another seller i.e) Mr B that rice which have to supplied to Mr A's customer.... In this case Mr b delayed delivery of rice to Mr A.... Because of this delay in delivery Mr A losses that order from customer.... This is one of the loss.... I hope it may helps u....
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