Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

good morning tutor! can you help me with my assignmen about the topic law on sales 2 TRUE OR FALSE then explain. 1. The vendor

good morning tutor! can you help me with my assignmen about the topic law on sales 2 TRUE OR FALSE then explain. 1. The vendor shall not be bound to deliver the thing sold if the vendee has not paid him the price. 2. When the unpaid seller exercises his right of stoppage in transit, the contract of carriage ceases, and the carrier becomes liable as a depository. 3. In a sale on approval arrangement, the buyer becomes the owner of the thing upon delivery, but he may revert such ownership to the seller by returning it. 4. Where the unpaid seller has made past delivery of the goods, he may exercise his right of lien in the remainder, unless such part delivery has been made under such circumstances as to show an intent to waive the lien or right of retention. 5. The ownership is transferred to the vendee/buyer from the moment the thing is delivered to him. 6. If goods are sold in sale or return arrangement, the risk of loss of the thing remains with the seller after its delivery to the buyer. 7. If the period has been fixed for the payment of the price that has not yet arrived, the seller is bound to deliver the thing sold in the meantime. 8. An unpaid seller exercising his right to resell the goods may buy the goods either directly or indirectly. 9. The vendor is bound to deliver the thing sold in the condition in which they were upon the perfection of the contract. All the fruits shall pertain to the vendee from the day which the contract was perfected. 10. The vendor is bound to deliver the thing sold in the condition in which they were upon the perfection of the contract. All the fruits shall pertain to the vendee from the time the obligation to deliver arises

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Regulation Of Lawyers Problems Of Law And Ethics

Authors: Stephen Gillers

12th Edition

1543825869, 978-1543825862

More Books

Students also viewed these Law questions