Business Studies, asked by mridulkaim123, 8 months ago

Comment on the
2. "The right of stoppage in transit is an extension of the right of lien”. Discuss the statement. How
will you exercise the right of stoppage in transit if you are an unpaid seller?
uintance of partnership but it is not the conclusive​

Answers

Answered by nidaeamann
0

Explanation:

An unpaid seller is the person who has not been paid the price of goods sold or some selling terms have been not followed

Now the unpaid seller can excercise right of stoppage in transit when he has lost possession of the goods. Additionally, if the buyer is unsolvent then also the unpaid seller will halt the transit of goods. He will do that by stopping the delivery process in whichever stage he is and this is the right of unpaid seller

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