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Introduction to Debentures

Which one of ...

Question

Which one of the following is not a remedy available in case of default?

A

Sue for breach of contract and for damages.

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B

Repossess the goods after the buyer has resold them.

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C

Stop delivery of the goods.

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D

Demand specific performance.

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Solution

The correct option is B Repossess the goods after the buyer has resold them.
Repossess the goods after the buyer has resold them.is not a remedy available in case of default. When the buyer defaults on payments, possessions on something cannont be retaken..

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