Question
Topic: Law on sales, agency, and credit transactions Please answer the following questions. Thank you Question 32 Three of the following are the requisites in
Topic: Law on sales, agency, and credit transactions
Please answer the following questions. Thank you
Question 32
Three of the following are the requisites in order that an unpaid seller may exercise his right of stoppage of transit. Which one is not?
Group of answer choices
The buyer is or becomes insolvent.
The seller has not parted with the possession of goods.
The goods are in transit.
The seller is unpaid
Question 33
An unpaid seller loses his lien on the goods in the following cases, except:
Group of answer choices
When he has obtained judgment for the price of the goods.
When the seller waives his possessory lien.
When the buyer or his agent lawfully obtains possession of the goods.
When he delivers the goods to a carrier or other bailee for the purpose of transmission to the buyer without reserving the right of ownership in the goods.
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