Under the Sale of Goods Act, 1930, stoppage in transit means:
Section 50 describes stoppage in transit as the unpaid seller's right to "resume possession of the goods as long as they are in the course of transit" when the buyer becomes…
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Under the Sale of Goods Act, 1930, stoppage in transit means:
Answer and explanation
Correct answer B
Section 50 describes stoppage in transit as the unpaid seller's right to "resume possession of the goods as long as they are in the course of transit" when the buyer becomes insolvent. Holding goods back before dispatch is the lien under s.47, and once the buyer has taken delivery the transit is over. Stoppage does not by itself rescind the contract (s.54(1)).
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