IGNOU BCOC 133 2025 - Define an unpaid seller. What are his rights?

Question

Define an unpaid seller. What are his rights?

21 Feb 2025

Answer :

Word Count : 337

An unpaid seller is a person who has sold goods but has not received the full payment or any part of the price, either due to non-payment or default by the buyer. The concept of an unpaid seller is defined under Section 45 of the Sale of Goods Act, 1930. It applies to situations where the seller is entitled to claim the price of goods sold but is yet to receive

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