Which of the Following Is a Remedy of the Seller

question 26

Multiple Choice

Which of the following is a remedy of the seller under the Sale of Goods Act?

• A) wrongful withholding or disposition
• B) order bill of lading
• C) chattel title
• D) caveat emptor
• E) resale

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Definitions:

U.S. Treasury Note

A marketable U.S. government debt security with a fixed interest rate and a maturity between one and ten years.

Accrued Interest

The interest that has accumulated on a bond or other fixed-income security since the last interest payment was made.

Settlement

The process of exchanging payment for financial transactions, including securities, at their completion.

Semiannual Coupon

Bonds that pay interest to the holder twice a year.