Question
Define an unpaid seller. What are his rights?
Answer :
Word Count : 331
An unpaid seller is defined under the Sale of Goods Act as a person who has sold goods but has not received the full payment due for those goods. The seller can be considered unpaid if the whole price has not been paid, or if a bill of exchange or other negotiable instrument given by the buyer has been dishonored. Essentially, the unpaid seller is someone who retains an interest in the goods until the price is fully received or secured. The _______ ____ _________ ______ _________ _________ __________ _____ __________ _______.
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An unpaid seller is defined under the Sale of Goods Act as a person who has sold goods but has not received the full payment due for those goods. The seller can be considered unpaid if the whole price has not been paid, or if a bill of exchange or other negotiable instrument given by the buyer has been dishonored. Essentially, the unpaid seller is someone who retains an interest in the goods until the price is fully received or secured. The _______ ____ _________ ______ _________ _________ __________ _____ __________ _______.
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