Unpaid Sellers Remedies Quiz
Test your knowledge of remedies available to sellers when buyers fail to pay. Answer all questions to the best of your ability.
Please enter your full name.
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First Name
Last Name
Which of the following is NOT a remedy available to an unpaid seller under standard commercial law?
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Right of lien
Right of stoppage in transit
Right to resell goods
Right to increase the contract price
Select all remedies that an unpaid seller may exercise when the buyer defaults on payment.
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Withhold delivery of the goods
Sue for the price
Demand interest on late payment
Cancel the contract unilaterally
Other
In which of the following scenarios can an unpaid seller exercise the right of stoppage in transit?
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Goods have not yet been delivered to the buyer and are in transit
Goods are already delivered to the buyer
Goods are lost in transit
Goods are returned to the seller
Match the remedy to its description.
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Rows
Right of lien
Right of stoppage in transit
Right to resell
Remedy
Retain goods until payment
Stop goods in transit
Sue for price
Resell goods
Retain goods until payment
Stop goods in transit
Sue for price
Resell goods
Retain goods until payment
Stop goods in transit
Sue for price
Resell goods
Rate your understanding of the remedies available to unpaid sellers.
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No understanding
1
2
3
4
Expert understanding
5
1 is No understanding, 5 is Expert understanding
Which of the following must occur before an unpaid seller can resell the goods?
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The goods are perishable or the buyer defaults after notice
The goods are custom-made
The buyer requests delivery
The seller receives partial payment
Explain briefly why the right of lien is important for unpaid sellers.
Which of the following statements is TRUE regarding the right to sue for the price?
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It is available only if property in goods has passed to the buyer
It is always available regardless of goods delivery
It is only available for perishable goods
It is available only if the buyer is insolvent
Select the situations where the right of lien is lost.
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Goods delivered to carrier without reserving right of disposal
Buyer takes delivery directly
Seller waives the lien
Goods are resold by the seller
Other
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