On April 5, 1987, Anker, Inc., furnished Bold Corp. with Ankers financial statements dated March 31, 1987.

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On April 5, 1987, Anker, Inc., furnished Bold Corp. with Anker’s financial statements dated March 31, 1987. The financial statements contained misrepresentations that indicated that Anker was solvent when in fact it was Chapter 27 Remedies for Breach of Sales Contracts 617 insolvent. Based on Anker’s financial statements, Bold agreed to sell Anker 90 computers, “F.O.B.— Bold’s loading dock.” On April 14, Anker received 60 of the computers. The remaining 30 computers were in the possession of the common carrier and in transit to Anker. If, on April 28, Bold discovered that Anker was insolvent, then with respect to the computers delivered to Anker on April 14, Bold may:

a. Reclaim the computers upon making a demand

b. Reclaim the computers irrespective of the rights of any third party

c. Not reclaim the computers since 10 days have elapsed from their delivery

d. Not reclaim the computers since it is entitled to recover the price of the computers AppendixLO1

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