A Seller Hears That One of Its Customers Has Filed

question 47

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:

• 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.

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Definitions:

Abscisic Acid

A plant hormone that regulates growth, inhibits seed germination, and mediates the plant's response to stress conditions like drought.

Hormone

An internal chemical that manages and influences the actions of particular cells or organs in the body.

Environmental Stresses

External factors such as temperature, water, and pollution that can cause physiological stress to organisms, affecting their survival and reproduction.

Wind-pollinated

Refers to plants that rely on wind to transport pollen from one flower to another for fertilization.