Site navigation

Under the Sale of Goods Act, 1930, lien is lost when:

Section 49(1)(b) provides that the unpaid seller loses his lien once the buyer, or his agent, "lawfully obtains possession of the goods". By contrast, section 49(2) says the…

Choose your answer

Under the Sale of Goods Act, 1930, lien is lost when:

Select one answer
Answer and explanation

Correct answer B

Section 49(1)(b) provides that the unpaid seller loses his lien once the buyer, or his agent, "lawfully obtains possession of the goods". By contrast, section 49(2) says the lien is not lost merely because the seller has obtained a decree for the price, and inspection or insurance does not affect it.

Practice for these exams

Related exam syllabi

Related questions in this topic