Question
Meaning of unpaid seller is
The correct answer is
The person who has sold the goods and has not yet received the price
A seller is unpaid when the whole price has not been paid or tendered, or a negotiable instrument received conditionally as payment is dishonoured. Thus the relevant option is the seller who has not yet received the price.
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Important Questions from Sale of Goods Act, 1930
- Which one of the following is true in the context of sale of goods act ?
- Mr. RPL claim capital expenditure for using car for his personal purpose. This is the case of __________.
- What is your understanding about advance payment of tax ?
The right to ‘stoppage in transit’ exercised by an unpaid seller is to
- What rights does an unpaid seller have against the goods?
A. Right of lien
B. Right to sue for specific performance
C. Right of resale
D. Right of stoppage of goods in transit
E. Right to reorganise possession of goods
Choose the correct answer from the options given below:
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