Hiram is about to agree to sell a specific antique book to Natasha for $30 000.Hiram is willing to let Natasha have possession of the goods immediately.Furthermore, he is willing to sell the book on credit and to allow her to pay in ten monthly instalments.However, he is also concerned that she might become insolvent before paying the full price.If that occurred, he would want to be able to recover the book itself, rather than simply sue Natasha.After all, if she becomes bankrupt, she will not have enough money to fully satisfy all of the claims against her.Is Hiram's position truly at risk? If so, is there anything that he can do when creating his contract with Natasha to protect himself? Explain your answer.

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The Answer of Hiram is about to agree to sell a specific antique book to Natasha for $30 000.Hiram is willing to let Natasha have possession of the goods immediately.Furthermore, he is willing to sell the book on credit and to allow her to pay in ten monthly instalments.However, he is also concerned that she might become insolvent before paying the full price.If that occurred, he would want to be able to recover the book itself, rather than simply sue Natasha.After all, if she becomes bankrupt, she will not have enough money to fully satisfy all of the claims against her.Is Hiram's position truly at risk? If so, is there anything that he can do when creating his contract with Natasha to protect himself? Explain your answer.

Hiram Is About to Agree to Sell a Specific Antique