Uncle Isaac has had some difficulty in a sale-of-goods contract and wants to know if there are any mistakes in the information he has received with regard to the remedies for breach of such a contract. Indicate the true statement.
A) Once the seller of the goods has given up possession of them to the buyer, he has lost his right to sue.
B) A court will award a remedy only if there was a breach of warranty.
C) An unpaid seller who has possession of the goods has a lien on those goods. That is, he can hold the goods.
D) The Sale of Goods Act excludes the possibility of the equitable remedy of specific performance.
E) If there has been a breach of contract, the purchaser is only entitled to tort remedies.

Question

Quizplus · Accepted Answer

An unpaid seller who retains possession of the goods has a right to a lien on the goods, meaning they can hold onto the goods until payment is made. This is a recognized remedy under the Sale of Goods Act.

Uncle Isaac Has Had Some Difficulty in a Sale-Of-Goods Contract