The right of an unpaid seller doesnt include?
COMMERCE
WAEC 2017
The right of an unpaid seller doesnt include?
- A. declaring the buyer bankrupt
- B. retaining the possession of the goods
- C. stopping the goods while in transit
- D. reselling the goods
Correct Answer: A. declaring the buyer bankrupt
Explanation
Although ownership of the goods is passed to the buyer after the sale of goods but an unpaid seller has certain rights. to either retain ownership of the goods till payment is made, or resell the goods etc. An unpaid seller has doesnt have the right to declare a defaulting buyer bankrupt.
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