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.

Question

Quizplus · Accepted Answer

This statement is correct. According to the Sale of Goods Act, an unpaid seller who has possession of the goods has a lien on those goods and can hold them until the purchase price is paid. Option A is incorrect because a court can award a remedy for breach of both warranty and condition. Option C is incorrect because the seller can still sue for breach of contract even if they have given up possession of the goods. Option D is incorrect because the purchaser is entitled to contract remedies for breach of contract, not tort remedies. Option E is incorrect because the Sale of Goods Act does not exclude the possibility of specific performance as an equitable remedy.

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