Symbolic Delivery

When a seller hands over the keys of a warehouse containing the goods to the buyer, it results in symbolic delivery. Symbolic delivery refers to a form of delivery where the seller transfers possession of the keys, documents, or other symbols of the goods to the buyer, rather than physically delivering the goods themselves.

Symbolic delivery is often used when the goods are too large or impractical to physically transfer at the time of the sale. Instead, the seller provides the buyer with some form of representation or symbol that represents the goods and grants the buyer control or access to them.

Explanation:
Symbolic delivery is a concept used in the sale of goods to signify the transfer of possession from the seller to the buyer. In this scenario, the seller hands over the keys of a warehouse containing the goods to the buyer. This act symbolizes the transfer of control and access to the goods.

Advantages of Symbolic Delivery:
1. Convenience: Symbolic delivery is often more convenient for both the seller and the buyer, especially when dealing with large or bulky goods. It eliminates the need for physical transportation and handling of the goods.
2. Cost Savings: By avoiding the need for physical delivery, symbolic delivery can help reduce transportation and handling costs associated with the transfer of goods.
3. Immediate Possession: Symbolic delivery allows the buyer to gain immediate possession and control of the goods, even if the physical transfer is delayed or impractical.

Difference from Other Forms of Delivery:
1. Constructive Delivery: Constructive delivery refers to a situation where the seller does not physically deliver the goods but instead transfers the means or power to take possession of the goods. In symbolic delivery, the seller transfers control or access to the goods through the use of symbols such as keys or documents.
2. Actual Delivery: Actual delivery involves the physical transfer of the goods from the seller to the buyer. It requires the goods to be physically handed over, whereas symbolic delivery relies on the transfer of symbols or representations of the goods.

Conclusion:
In the given scenario, when the seller hands over the keys of a warehouse containing the goods to the buyer, it results in symbolic delivery. Symbolic delivery is a convenient and cost-effective way to transfer possession of goods when physical delivery is impractical or unnecessary. It allows the buyer to gain immediate control and access to the goods through the use of symbols such as keys or documents.