Q251
A contract for sale of goods, under section 54 of the Sale of Goods Act, 1930, ipso facto
A.
Stands rescinded by the exercise of right of lien by the unpaid seller
B.
Stands rescinded by the exercise of right of stoppage in transit by the unpaid seller
C.
Stands rescinder by the exercise of either the right of lien or the right of stoppage in transit by the unpaid seller
D.
Does not stand rescinded by the exercise of the right of lien or the right of stoppage in transit by the unpaid seller
AnswerAnswer: Option D
Solution
Answer: Option D
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