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United Kingdom Leading Case three certaintiessale of goodsproprietary base

Re Goldcorp Exchange Ltd

[1995] 1 AC 74
JurisdictionUnited Kingdom
CourtPrivy Council
Year1995
StatusPersuasive authority

Summary

A prepaying purchaser of unascertained goods acquires no proprietary interest in a bulk; title passes only on appropriation and no trust arises over unidentified goods.

Key Principle

The Privy Council held that a purchaser of unascertained goods who has paid in advance has no proprietary interest in a mixed bulk; title passes only on appropriation, and no trust arises over unascertained goods.

Area of Law

trusts

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