Which of the following statements is TRUE with respect to the special remedies that are available under the Sale of Goods Act?
A) A lien entitles an unpaid seller to have the goods seized from the buyer and sold in order to generate money to pay the price.
B) Stoppage in transit entitles the buyer to prevent the seller from selling the same goods to a third party.
C) Because repossession was designed to prevent fraud, it can be used against individuals, but not businesses.
D) A lien generally is available only as long as the seller has possession of the goods.
E) Specific performance is available for any sale of goods if the price exceeds $5000.
Correct Answer:
Verified
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