Assuming a buyer that is insolvent has breached a contract by not paying for goods that are in transit,which of the following may occur?
A)The carrier may stop delivery only if the quantity shipped is a large shipment such as a carload or truckload.
B)The carrier may stop delivery on the entire shipment.
C)The carrier may not stop delivery under any circumstances.
D)The carrier may stop delivery only if ordered to do so by the bankruptcy judge.
E)The carrier may stop delivery only if a signed writing exists by which the buyer agreed to the remedy of stopping shipment.

Question

Quizplus · Accepted Answer

A)UCC Sections 2-7051)and 2A-5261)allow a seller or lessor to stop delivery of goods that are in transit.If the buyer/lessee is insolvent,the carrier/bailee can stop delivery regardless of the quantity shipped.
B)UCC Sections 2-7051)and 2A-5261)allow a seller or lessor to stop delivery of goods that are in transit.If the buyer/lessee is insolvent,the carrier/bailee can stop delivery regardless of the quantity shipped.
C)UCC Sections 2-7051)and 2A-5261)allow a seller or lessor to stop delivery of goods that are in transit.If the buyer/lessee is insolvent,the carrier/bailee can stop delivery regardless of the quantity shipped.
D)UCC Sections 2-7051)and 2A-5261)allow a seller or lessor to stop delivery of goods that are in transit.If the buyer/lessee is insolvent,the carrier/bailee can stop delivery regardless of the quantity shipped.
E)UCC Sections 2-7051)and 2A-5261)allow a seller or lessor to stop delivery of goods that are in transit.If the buyer/lessee is insolvent,the carrier/bailee can stop delivery regardless of the quantity shipped.

Assuming a Buyer That Is Insolvent Has Breached a Contract