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When unpaid seller has resold the goods which are in his possession, the new buyer:
  • a)
    Gets good title on goods subject to consent of the original buyer 
  • b)
    Does not get good title on the goods 
  • c)
    Gets good title on the goods
  • d)
    None of the above
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
When unpaid seller has resold the goods which are in his possession, t...
Unpaid seller can sell the goods to any new buyer by just giving the notice to the old buyer. If the old buyer does not respond in reasonable time, then the seller can sell thee goods away. Giving notice is not mandatory here, if the notice is given then the seller can claim loss on resale of goods from the old buyer. If not, he cannot do so. If notice is not given, any profit on resale of goods must be accounted to old buyer, if notice given, no profit can be claimed by old buyer.

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When unpaid seller has resold the goods which are in his possession, the new buyer:a)Gets good title on goods subject to consent of the original buyerb)Does not get good title on the goodsc)Gets good title on the goodsd)None of the aboveCorrect answer is option 'C'. Can you explain this answer?
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When unpaid seller has resold the goods which are in his possession, the new buyer:a)Gets good title on goods subject to consent of the original buyerb)Does not get good title on the goodsc)Gets good title on the goodsd)None of the aboveCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about When unpaid seller has resold the goods which are in his possession, the new buyer:a)Gets good title on goods subject to consent of the original buyerb)Does not get good title on the goodsc)Gets good title on the goodsd)None of the aboveCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When unpaid seller has resold the goods which are in his possession, the new buyer:a)Gets good title on goods subject to consent of the original buyerb)Does not get good title on the goodsc)Gets good title on the goodsd)None of the aboveCorrect answer is option 'C'. Can you explain this answer?.
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