Get premium membership and access questions with answers, video lessons as well as revision papers.

Explain how an unpaid seller may lose the right of lien and stoppage in transitu.

      

Explain how an unpaid seller may lose the right of lien and stoppage in transitu.

  

Answers


Maurice
(i) By waiver thereof.

(ii) Delivery of the goods to a common carrier for transmission to the buyer without
reserving the right of disposal.

(iii) If the buyer or his agent obtain delivery of the goods.

(iv) Payment of the price.

(v) If the buyer or his agent intercepts the goods before arrival at the agreed destination.

(vi) If the carrier wrongfully neglects or refuses to deliver the goods to the buyer or his
agent.

(vii) If on arrival, the carrier notifies the buyer or his agent that he holds the goods on his
behalf.
maurice.mutuku answered the question on May 2, 2018 at 12:54


Next: Explain the advantages of administrative tribunals over courts of law.
Previous: Examine the circumstances in which a banker has no authority to honour a cheque drawn on him.

View More CPA Commercial Law Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions