Unpaid Seller's right of stoppage in transit can be exercised only when the Buyer is insolvent.

Related MCQs

• Right of Stoppage in transit can be exercised by the Unpaid Seller, where the Buyer—
• Right of Stoppage in transit can be exercised by the Unpaid Seller, where he —
• The Unpaid Seller's right of lien or right of stoppage in transit is NOT AFFECTED by any sale or other disposition of the Goods made by Buyer, unless —
• Sub-sale by the buyer with Seller's consent leads to loss of right of stoppage in transit.
• Unpaid Seller can exercise his right of stopping the goods in transit —
• Where the Unpaid Seller has parted with the goods by handing it over to a carrier for transmission, and the goods are in transit, he can reclaim possession thereof. This right is called —
• The right of lien can be exercised by the Unpaid Seller in respect of—
• When under a contract of sale, buyer has paid the price, but seller neglects to deliver goods, buyer has a right to claim interest on the amount of price. The buyer can claim interest —
• Where under a contract of sale the property in goods has passed to Buyer and Buyer wrong fully neglects or refuses to pay the price, the Seller can sue the Buyer for —
• The right of lien is available to the Unpaid Seller, only when —