Solved

A Seller Hears That One of Its Customers Has Filed

Question 75

Multiple Choice

A seller hears that one of its customers has filed for bankruptcy.The seller demands in writing assurance of performance by the buyer.If the buyer does give written assurance that it will perform,which of the following is true?


A) The written assurance will require that the seller deliver the goods.
B) The seller may withhold delivery of the goods despite the assurance of performance.
C) The seller may withhold delivery only if the insolvency will prevent payment of this debt.
D) The seller must deliver the goods to the custody of the bankruptcy trustee.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents