CA Foundation Exam > CA Foundation Questions > Unpaid seller can sell the goods if:a)They ar...
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Unpaid seller can sell the goods if:
- a)They are of perishable nature
- b)They are of durable nature
- c)When he gives notice to buyer
- d)Both (a) and
Correct answer is option 'D'. Can you explain this answer?
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Verified Answer
Unpaid seller can sell the goods if:a)They are of perishable natureb)T...
The unpaid seller can re-sell the goods if the goods are of a perishable nature. He can also make a resale of the goods if he has given notice to the buyer of his intention to re-sell and the buyer has not within a reasonable time paid the price
Most Upvoted Answer
Unpaid seller can sell the goods if:a)They are of perishable natureb)T...
Explanation:
Perishable Nature of Goods:
- An unpaid seller can sell the goods if they are of perishable nature because these goods are likely to lose their value quickly if not sold promptly.
- Examples of perishable goods include fresh produce, dairy products, and flowers.
Durable Nature of Goods:
- On the other hand, if the goods are of durable nature, the seller may also sell them if the buyer fails to pay.
- Durable goods are those that have a long lifespan and do not quickly lose their value.
- Examples of durable goods include electronic appliances, furniture, and vehicles.
Notice to Buyer:
- Before selling the goods, the seller must give notice to the buyer about their intention to do so.
- This notice allows the buyer an opportunity to pay for the goods and prevent the sale from taking place.
- The notice should be reasonable and provide the buyer with a chance to rectify the situation.
Conclusion:
- In conclusion, an unpaid seller can sell the goods if they are of perishable nature or durable nature and after giving proper notice to the buyer.
- This ensures that the seller has the opportunity to recover the payment for the goods that have been delivered.
Perishable Nature of Goods:
- An unpaid seller can sell the goods if they are of perishable nature because these goods are likely to lose their value quickly if not sold promptly.
- Examples of perishable goods include fresh produce, dairy products, and flowers.
Durable Nature of Goods:
- On the other hand, if the goods are of durable nature, the seller may also sell them if the buyer fails to pay.
- Durable goods are those that have a long lifespan and do not quickly lose their value.
- Examples of durable goods include electronic appliances, furniture, and vehicles.
Notice to Buyer:
- Before selling the goods, the seller must give notice to the buyer about their intention to do so.
- This notice allows the buyer an opportunity to pay for the goods and prevent the sale from taking place.
- The notice should be reasonable and provide the buyer with a chance to rectify the situation.
Conclusion:
- In conclusion, an unpaid seller can sell the goods if they are of perishable nature or durable nature and after giving proper notice to the buyer.
- This ensures that the seller has the opportunity to recover the payment for the goods that have been delivered.
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Unpaid seller can sell the goods if:a)They are of perishable natureb)They are of durable naturec)When he gives notice to buyerd)Both(a) andCorrect answer is option 'D'. Can you explain this answer?
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