An unpaid seller who has exercised lien or stoppage in transit resells the goods. Under section 54(3)…
Section 54(3) gives the new buyer good title as against the original buyer when an unpaid seller who has exercised lien or stoppage resells. That title does not depend on…
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An unpaid seller who has exercised lien or stoppage in transit resells the goods. Under section 54(3) of the Sale of Goods Act, 1930, the new buyer acquires:
Answer and explanation
Correct answer C
Section 54(3) gives the new buyer good title as against the original buyer when an unpaid seller who has exercised lien or stoppage resells. That title does not depend on notice of resale having been given. Notice can separately affect rights between the unpaid seller and original buyer under section 54(2).
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