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      Securing Proprietary Rights for Buyers of Unascertained Fungible Goods in a Bulk in Malaysia

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      Environment-Behaviour Proceedings Journal

      e-IPH Ltd.

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          Abstract

          The research aims to ascertain the most effective methods to protect the rights of buyers of unascertained fungible goods who have paid under a contract of sale subject to the Malaysian Sale of Goods Act 1957. The research method is doctrinal. The findings reveal that in the event the seller becomes insolvent, the buyer as unsecured creditors would need to compete with the other creditors for the price of the goods. The trust device and the adoption of section 20A and 20B of the English Sale of Goods Act 1979 could provide adequate protection by conferring proprietary rights to buyers.   

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          Author and article information

          Journal
          Environment-Behaviour Proceedings Journal
          E-BPJ
          e-IPH Ltd.
          2398-4287
          May 31 2020
          June 01 2020
          : 5
          : SI1
          : 219-223
          Article
          10.21834/ebpj.v5iSI1.2323
          © 2020

          This work is licensed under a Creative Commons Attribution 4.0 Unported License. To view a copy of this license, visit https://creativecommons.org/licenses/by-nc-nd/4.0/

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