On a lessee's insolvency, the lessor can stop delivery of the goods.

Name: On a lessee's insolvency, the lessor can stop delivery of the goods.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

According to the principle of termination on insolvency, a lessor has the right to stop delivery of the goods if the lessee becomes insolvent. This is to protect the lessor's interest in the goods and prevent further losses. Therefore, the statement is true.

On a Lessee's Insolvency, the Lessor Can Stop Delivery of the Goods