Question

Goods are delivered to a carrier for transmission to the buyer, but before the goods reach the buyer, the buyer becomes insolvent while the seller remains unpaid. The seller may exercise:

A The right to forfeit all payments
B Only a claim for damages
C The right of STOPPAGE IN TRANSIT, to resume possession until payment or tender
D The right of lien, despite having parted with possession
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RBI Grade B 2026 Phase 1 Memory Based Paper
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