Under the Sale of Goods Act, 1930, where seller gives notice of intention to re-sell and buyer fails to…
Under s.54(2), where the unpaid seller who has exercised his lien or stoppage gives notice of his intention to re-sell and the buyer does not pay or tender the price "within…
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Under the Sale of Goods Act, 1930, where seller gives notice of intention to re-sell and buyer fails to pay within reasonable time, seller may:
Answer and explanation
Correct answer B
Under s.54(2), where the unpaid seller who has exercised his lien or stoppage gives notice of his intention to re-sell and the buyer does not pay or tender the price "within a reasonable time", the seller "may, within a reasonable time, re-sell the goods". The contract does not become void, and the seller is not confined to a suit for the price.
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