Right of stoppage in transit can be exercised by the unpaid seller, where the buyer ___________.
A. Is solvent
B. Becomes insolvent
C. Either (a) or (b)
D. Neither (a) nor (b)
Answer:B
Right of stoppage in transit can be exercised by the unpaid seller, where the buyer ___________.
A. Is solvent B. Becomes insolvent C. Either (a) or (b) D. Neither (a) nor (b)