Which of the Following Statements Is TRUE with Respect to the Special

question 26

Multiple Choice

Which of the following statements is TRUE with respect to the special remedies that are available under the Sale of Goods Act?

• A)A lien entitles an unpaid seller to have the goods seized from the buyer and sold in order to generate money to pay the price.
• B)Stoppage in transit entitles the buyer to prevent the seller from selling the same goods to a third party.
• C)Because repossession was designed to prevent fraud, it can be used against individuals, but not businesses.
• D)A lien generally is available only as long as the seller has possession of the goods.
• E)Specific performance is available for any sale of goods if the price exceeds $5000.

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Definitions:

Idealized Self

An individual's conception of themselves in an ideal form, often embodying values, traits, and abilities that they aspire to.

Personal Identification

The process of recognizing and verifying an individual's identity through various means.

Subordinating Member

A member of a group or organization who is ranked lower and is subject to the authority or control of others.

Social Identification

The process by which individuals associate themselves with specific groups, adopting the group's characteristics to form their identity.