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If a Seller Discovers a Buyer Is Insolvent, the Seller

Question 14

Multiple Choice

If a seller discovers a buyer is insolvent, the seller:


A) must wait 10 days before taking action.
B) has the right to stop delivery of any goods that are being shipped to the buyer.
C) has to go ahead with the shipment anyway because doing otherwise would disrupt the purchase contract.
D) must wait seven days before taking any action.

Correct Answer:

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