Question
Darshan orders $24,000 worth of premium bicycles from Spinnerz, a premium bicycle manufacturer, to sell in his bike shop. After the bicycles are loaded into
Darshan orders $24,000 worth of premium bicycles from Spinnerz, a premium bicycle manufacturer, to sell in his bike shop. After the bicycles are loaded into the freight truck and are on their way to Darshan, Spinnerz discovers that Darshan is insolvent and unlikely to be able to pay for them. Spinnerz has the right to
A) stop the delivery and sue for any damages
B) cover the tender and sue for any damages
C) cure the delivery and sue for any damages
D) seasonably reject the tender
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Get StartedRecommended Textbook for
Accounting Information System
Authors: James A. Hall
7th Edition
978-1439078570, 1439078572
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