| 释义 |
unpaid seller unpaid seller a seller of goods is an unpaid seller within the meaning of the Sale of Goods Act 1979 when the whole price has not been paid or tendered or when a bill of exchange or other negotiable instrument has been received as conditional payment and the condition on which it was received has not been fulfilled by reason of the dishonour of the instrument or otherwise. Such a seller is entitled to the remedies provided in the Act: LIEN, a right of RETENTION and if the buyer is insolvent the right of STOPPAGE IN TRANSIT. |