contestada

Under the UCC, when the goods are in transit, if the seller or lessor learns that the buyer or lessee is insolvent, the seller or lessor can _______. Group of answer choices stop the carrier or bailee from delivering the goods not pay for the goods when they arrive seek a discount, since the seller is already in need of money and he or she will have to offer a lower price return the goods because doing business with an insolvent company does not look good to other businesses

Respuesta :

eooyibo123

Answer:

stop the carrier or bailee from delivering the goods.

Explanation:

Under section § 2-705 of the UCC the seller has the right to stop delivery of goods that is in the possession of the bailee or carrier if he discovers the seller is insolvent and unable to pay for the goods.

He may stop the delivery of planeload, carload, truckload or large freight until the buyer makes payment before delivery.

If the goods are already with the buyer he has 10 days to return the goods or make payment for them.