Explain right of resale?

Question

Janshi · Answer

Tmhe isse kya meko smjh ni aya tha

Raghav · Answer

Jab pata tha to pucha kyu ?

Janshi · Answer

The right of resale is an important right for an unpaid seller.An unpaid seller can exercise his right of resale under the following conditions: Goods are perishable in nature Seller gives a notice to the buyer of his intention of resale: The buyer needs to pay the price of the goods and ask for delivery within the time mentioned in the notice Unpaid seller resells the goods post exercising his right of lien or stoppage: Resale where the right of resale is reserved in the contract of sale Property in the goods has not passed to the buyer: The unpaid seller can exercise his right of withholding delivery of goods. This is similar to the right of lien and is called quasi-lien.

Wyomesh · Answer

When seller is unpaid and buyer can't pay the price then seller can resale the goods.

Shaan · Answer

It means a right to sell the goods for which the price is not paid and which is within the possession of the seller.

Explain right of resale?

5 answers

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