Socony Proprietary Ltd v Begg - [1931] NZLR 567

Sale of Goods — Written Contract for Sale of Oils — Deposit paid when Goods ordered — Terms of Sale that Shipment to constitute Delivery and to be subject to Payment of Net Cash by Demand Draft — Payment refused when Draft presented — Whether by Terms of Contract or Appropriation Seller has reserved Right of Disposal — Intention to pass Property — Sale of Goods Act, 1908, ss 20 (Rule 5), 21, and 22 (i).