A person who has not been paid the whole of the price of sold goods or tendered, is called –
Under Section 45(1) of the Sale of Goods Act, 1930, the seller of goods is deemed to be an 'Unpaid seller' when the whole of the price has not been paid or tendered, or when…
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A person who has not been paid the whole of the price of sold goods or tendered, is called –
Answer and explanation
Correct answer C
Under Section 45(1) of the Sale of Goods Act, 1930, the seller of goods is deemed to be an 'Unpaid seller' when the whole of the price has not been paid or tendered, or when a bill of exchange or other negotiable instrument received as conditional payment has been dishonoured.
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