LEGAL AND REGULATORY ASPECTS OF BANKING (LRAB) 

Unit - 48: Unpaid Seller

​​Legal & Regulatory Aspects of Banking - 

Unit - 48 : Unpaid Seller 
An unpaid seller has the following rights -
a) a lien on the goods for the price while he is in possession of them ;
b) in case of insolvency of the buyer ,a right of stopping the goods in transit after he has parted with the possession of them ;
c) a right of resale ;
d) right to withhold delivery of goods. 

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