With respect to a sale of goods, which one of the following statements is false?
A) A seller who has been given a cheque that "bounces" (dishonoured for insufficient funds) , in payment for goods that he still possesses, has rights against the goods themselves as well as an action for breach of contract against the buyer.
B) If the parties do not agree otherwise, the time of payment is the time of delivery.
C) Legislation in most provinces will not allow a seller to override the requirement that goods supplied be fit and of merchantable quality in consumer transactions.
D) If the parties do not agree otherwise, the risk of loss stays with the seller until delivery.
E) The Sale of Goods Act does not apply to the purchase of real estate or of bonds.
Correct Answer:
Verified
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