If a seller discovers that the buyer has received goods on credit and is insolvent,the seller can only demand the return of the goods if he or she does so on the same day that the buyer received the goods.

Question

Quizplus · Accepted Answer

If the buyer is insolvent, the seller can demand the return of the goods within a reasonable time after the buyer received them, not necessarily on the same day. The exact definition of "reasonable time" may vary depending on the circumstances.

If a Seller Discovers That the Buyer Has Received Goods