Which of the following is true about the seller's right to reclaim goods from an insolvent buyer?
A)This right is superior to the rights of a good faith purchaser for value of the goods.
B)The seller must make a demand for the goods within ten days of their receipt by the buyer.
C)The seller must physically repossess the goods within ten days of their receipt by the buyer.
D)The buyer must have misrepresented his solvency to the seller in writing within three months before delivery of the goods.

Question

Quizplus · Accepted Answer

To protect his rights,all the seller must do is to make a demand within the 10-day period;he need not actually repossess the goods.

Which of the Following Is True About the Seller's Right