Commerce WAEC

The right of an unpaid seller doesn’t include?

A. declaring the buyer bankrupt
B. retaining the possession of the goods
C. stopping the goods while in transit
D. reselling the goods

Correct Answer: Option A

A. declaring the buyer bankrupt

Explanation

Although ownership of the goods is passed to the buyer after the sale of goods and unpaid seller has certain rights. to either retain ownership of the goods till payment is made, or resell the goods, etc. An unpaid seller has doesn’t have the right to declare a defaulting buyer bankrupt.

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