Law- Unpaid Seller

Essay specific features

 

Issue:

History

 

Written by:

Mary G

 

Date added:

September 8, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1902

 

Was viewed:

1659 times

 

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Essay content:

A seller who has been partly paid is also considered as an unpaid seller for part unpaid. Rights of an Unpaid Seller Subject to the provision of this act the rights of an unpaid seller can be studied under two heads: 1. When the property in the goods has passed to the buyer: Section 46(1) lays down that notwithstanding that the property in the goods may have passed to the buyer, the unpaid seller of goods, as such, has by implication of law- (a) a lien on the goods for the period while he is in possession of them, (b) in case of the insolvency of the buyer a right of stopping the goods in transit after he has parted with the possession of them...
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When the property in the goods has passed to the buyer: Section 46(1) lays down that notwithstanding that the property in the goods may have passed to the buyer, the unpaid seller of goods, as such, has by implication of law- (a) a lien on the goods for the period while he is in possession of them, (b) in case of the insolvency of the buyer a right of stopping the goods in transit after he has parted with the possession of them...
displayed 300 characters

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