If the buyer received goods on credit while he was insolvent by misrepresenting his solvency in writing within three months prior to deliver of the goods, the seller is able to reclaim the goods only if the seller makes a demand on the buyer within ten days after the buyer has received the goods.
Correct Answer:
Verified
Q2: Powers sells 5,000 insulators to Falconbury and
Q3: If the seller has the right to
Q4: Since the purpose of remedies under the
Q5: Landview Appliances sells a stove to Evan
Q6: A buyer who does not cover is
Q7: The recovery for a lessee's wrongful repudiation
Q8: Demrow Co., which contracted to buy 400
Q9: Robert paid William $1,000 for a rare
Q10: One hundred crystal flower vases have been
Q11: Breach of one installment of an installment
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents