Branded goods

Updated: Aug 20, 2021

Goods marketed as proprietary brands, pre-packed by manufacturers, with the name of the prpduct displayed. In law a retailer has some additional protection when selling branded goods. The Sale of Goods Act 1893 states that when goods are sold under a patent or trade name, there is no implied condition as to their fitness for any particular purpose. Most branded goods were once subject to resale price maintenance. They are all still subject to the Trade Descriptions Act.

Reference: The Penguin Business Dictionary, 3rd edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.