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Sam Spender bought several widgets from Dolly Manufacturing, Co. for $44,500 with delivery scheduled for March 10.Subsequently, Sam became insolvent.Dolly Manufacturing learned of Sam's insolvency
Sam Spender bought several widgets from Dolly Manufacturing, Co. for $44,500 with delivery scheduled for March 10.Subsequently, Sam became insolvent.Dolly Manufacturing learned of Sam's insolvency after the goods were shipped.While in transit, Dolly Manufacturing stopped delivery.
Dolly Manufacturing would be liable to Sam for breach of contract because a seller may not stop delivery of shipment when the buyer is insolvent.
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