Greenmart Retailers contracts Wilson's Foodstuff to purchase biscuit packets in bulk.Greenmart Retailers fulfills its side of the contract by making a complete payment to Wilson's Foodstuff before the delivery.A week after the payment,Wilson's Foodstuff becomes insolvent.Which of the following rights can Greenmart Retailers exercise to recover its goods from Wilson's Foodstuff?

Question

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The right to capture, also known as the right of reclamation, allows a buyer to reclaim goods from a seller if the seller becomes insolvent within a certain period after receiving payment but before delivering the goods. Since Greenmart Retailers has paid for the goods but Wilson's Foodstuff has become insolvent before delivery, Greenmart can exercise this right to attempt to recover the goods or their value.

Greenmart Retailers Contracts Wilson's Foodstuff to Purchase Biscuit Packets in Bulk.Greenmart