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If the Buyer Has Misrepresented His Solvency to the Seller

Question 54

Multiple Choice

If the buyer has misrepresented his solvency to the seller in writing within three months before the delivery of the goods:


A) the 10-day limitation on the seller's right to reclaim the goods does not apply.
B) the seller should actually repossess the goods within the 10-day period.
C) the seller's right to reclaim the goods is not subject to the rights of prior purchasers in the ordinary course of the buyer's business.
D) the seller's right to reclaim the goods is not subject to the rights of creditors with a perfected lien on the buyer's inventory.

Correct Answer:

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