If the Buyer Received Goods on Credit While He Was

question 32

True/False

If the buyer received goods on credit while he was insolvent by misrepresenting his solvency in writing within three months prior to deliver of the goods, the seller is able to reclaim the goods only if the seller makes a demand on the buyer within ten days after the buyer has received the goods.

---

Definitions:

Dual-route Theories

Theories proposing that there are two distinct pathways in the brain for processing information, often contrasting automatic with controlled processes.

Internal Needs

Fundamental psychological or physiological necessities that drive behavior and must be met for an individual to achieve well-being.

Growth Needs

Psychological needs that drive an individual to seek out new challenges, personal development, and opportunities for growth.

Maslow's Theory

A psychological theory proposing a hierarchy of human needs, from basic physiological needs to self-actualization.