A Seller Hears That One of Its Customers Has Filed

question 58

Multiple Choice

A seller hears that one of its customers has filed for bankruptcy.The seller demands in writing assurance of performance by the buyer.If the buyer does give written assurance that it will perform,which of the following is true?

• A) The written assurance will require that the seller deliver the goods.
• B) The seller may withhold delivery of the goods despite the assurance of performance.
• C) The seller may withhold delivery only if the insolvency will prevent payment of this debt.
• D) The seller must deliver the goods to the custody of the bankruptcy trustee.

---

Definitions:

Krypton

A chemical element with the symbol Kr and atomic number 36, a noble gas used in lighting and photography.

Cobalt

A chemical element with the symbol Co and atomic number 27, known for its metallic properties and use in alloys and batteries.

Mixture

A combination of two or more substances in which each substance retains its chemical identity and properties.

Homogeneous Mixture

A homogeneous mixture is a mixture in which the composition is uniform throughout, and the individual components are not visibly distinguishable.