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Under Section 53, a sub-sale or pledge of the goods by the buyer:
AGives the seller the resale price
BAlways defeats the unpaid seller's lien and stoppage
CDoes not affect the seller's lien or stoppage unless the seller assented, or a document of title was transferred to a good-faith purchaser for value
DAutomatically rescinds the contract
Answer & Solution
Correct answer: C. Does not affect the seller's lien or stoppage unless the seller assented, or a document of title was transferred to a good-faith purchaser for value
Section 53 preserves the seller's rights despite a sub-sale/pledge, except where the seller assented or a document of title reached a good-faith transferee for value.
Related questions
Under Section 60, where the buyer repudiates the contract before the date of delivery, theWhere the buyer wrongfully refuses to accept and pay for the goods, the seller's remedy unUnder Section 55(1), the unpaid seller can sue for the price where:Where an unpaid seller, after exercising lien or stoppage, resells the goods, the new buyeA non-perishable resale by an unpaid seller WITHOUT giving notice to the buyer means the sUnder Section 54, where the goods are of a perishable nature, the unpaid seller may resellWhen an unpaid seller exercises the right of stoppage in transit, the contract of sale is:Under Section 52, stoppage in transit is effected by: