Multiple choice

The seller may exercise his rights of lien where he is in possession of the goods as an agent and as a bailee for the buyer.

  1. True

  2. False

  3. Partly true

  4. Cannot say

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The unpaid seller's lien is a possessory right allowing the seller to retain goods until payment is received. This right exists when the seller holds the goods either as an agent or bailee for the buyer. Lien is a fundamental protection for sellers in commercial transactions.