Question
Topic: Law on sales, agency, and credit transactions Please answer the following questions. Thank you Question 26 D deposited his goods in the warehouse of
Topic: Law on sales, agency, and credit transactions
Please answer the following questions. Thank you
Question 26
D deposited his goods in the warehouse of W who issued to D a warehouse receipt stating that the goods are to be delivered to bearer. Thereafter, A obtained possession of the warehouse receipt from D in exchange for what A claimed to be a bar of gold, which, however, was discovered by D to be fake. D demanded the return of the warehouse receipt from A but the same had already been negotiated by A to H who purchased the document for value, in good faith and without notice that D was deprived possession thereof by fraud. The negotiation by A to H is:
Group of answer choices
Void.
Rescissible.
Valid.
Voidable.
Question 27
The following are the salient featured of Ease of Doing Business Act, except:
Group of answer choices
Single Unified Business Application Form
Online registration for businesses
Complaint desk against private sectors
Standardized deadlines for government transactions
Question 28
An unpaid seller's right to resell the goods is available in the following cases, except:
Group of answer choices
If the good are of a perishable nature.
When the seller reserved the right to resell the goods.
When the buyer has defaulted in the payment of the price for an unreasonable time.
When the seller has lost his lien on the goods.
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