Q301
In an agreement to sell the buyer has paid the price but before sale takes place the seller becomes insolvent. Can the buyer claim property in goods?
A.
Yes he can as the seller has become insolvent
B.
Yes if he gets official information of seller's insolvency
C.
No he cannot as the property in goods have yet not passed to the buyer
AnswerD.
Property in goods will vest in the state
Answer: Option C
Solution
Answer: Option C
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