Multiple choice

X sold certain goods to Y for which he is yet to be paid. As long as the payment is not made by Y,

(a) X has lien on the goods for the price of the goods the possession of which is with X (b) if Y becomes insolvent, X has to stop the goods in transit if X has parted with the possession (c) X has right of re-sale if goods are in the possession of X

  1. (a) and (b) only

  2. (b) and (c) only

  3. (a) and (c) only

  4. (a) to (c) all

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

X can take any of the given actions as X is yet to be paid by Y. Thus, all the actions (according to X) are possible.