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Where the goods are of perishable nature or where the. unpaid seller exercises his right of lien or right of stoppage of goods in transit and gives notice to buyer for payment and buyer does not payor tender within reasonable time, an unpaid seller may:

Where the goods are of perishable nature or where the. unpaid seller exercises his right of lien or right of stoppage of goods in transit and gives notice to buyer for payment and buyer does not payor tender within reasonable time, an unpaid seller may: Correct Answer Resell the goods and can recover the damages from the original buyer

Related Questions

The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: State-run Energy Efficiency Services (EESL) has scrapped its second tender for procurement of 10,000 electric cars as the industry awaits clarification on specifications for chargers which will allow higher end, luxury automakers to come into the picture. This tender was floated in April and had been on hold after a preliminary pre-bid meeting. A similar tender was floated in August last year, and the rollout of 10,000 cars under the tender was expected to be completed by March 2019.  Why is EESL scraping the tender for procurement of 10,000 electric cars? Arguments: I. The share of luxury cars could go further up since it would be a good way of aggregating demand, Kumar said. This, however, strictly depends on the final order from DST. II. The tender had set aside 20% share of the total order for higher end and upgraded sedans category, which would allow foreign automakers like Nissan, Hyundai, Kia Motors to drive away with a fair share of the tender.  III. EESL said that the company has been awaiting clarification from the Department of Science & Technology (DST) to issue the standard norms for charging stations because of which the tender was first put on hold and now has been scrapped entirely.
Statement I It is a pre-condition of right of stoppage in transit that seller must have parted with possession of goods.
Statement II Unpaid seller can exercise his rights of resale when goods are in his possession.
Statement III Where property in goods has been passed to the buyer, seller can file a suit against buyer for recovery of price.
Which of the above statement(s) is/are true?
Which of the following statements are correct. Answer using the given below:
(1) Ascertainment of goods for sale is done by buyer.
(2) Appropriation of goods for sale is done by seller.
(3) Distinction between ascertainment of goods and appropriation of goods that former involves lithe element of common intention between buyer and seller", whereas later can be a unilateral act by buyer.
(4) Property in goods does not pass to buyer till appropriation.
The attornment by the carrier, to the buyer which has the effect of putting an end to the transit for the purposes of unpaid seller's right to stoppage in transit, against the goods
After notice to stop in transit to the carrier, the right of the unpaid seller as to stoppage in transit shall
Under section 51 of the Sale of Goods Act, 1930, transit of goods, for the purposes of unpaid seller's right of stoppage in transit, comes to an end, where
The transit of goods for the purposes of the right of the unpaid seller as to stoppage in transit, under section 51 of the Sale of Goods Act, 1930, shall come to an end
The unpaid seller can exercise his right of stoppage of goods in transit where the buyer
An unpaid seller has the right:
1. of lien.
2. of stoppage in transit.
3. of resale under certain circumstances.
4. to sue.
Select the correct answer using the given below:
Unpaid seller's right to stoppage in transit comes into existence, as provided under Section 50 of the Sale of Goods Act, 1930, when the seller