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Commerce · Q677

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 677

Q677

Where the seller expressly reserves the right of resale in case the buyer makes a default. If there are losses to the seller, on a resale, the seller . . . . . . . .

A.
can not claim the same from the buyer as damages
B.
can claim the same from the buyer as damages
Answer
C.
sue the buyer for not purchasing
D.
None of the above

Answer: Option B

Solution

Answer: Option B
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