Seller remedies

Question 1

When can S withhold delivery?

Answer 1

B fails to pay

discovering that B on credit is insolvent

Question 2

When can the seller recapture the goods from a credit B?

Answer 2

B = insolvent and buys on credit

S makes demand w/n 10 days of B buying

Question 3

what is an exception to the 10 day limit for seller recapturing from a credit insolvent B?

Answer 3

if B in writing misrepresented his solvency - now 90 days

Question 4

when else may S recapture?

Answer 4

B pays w/ dishonored check

S can stop goods in transit to B if find out B is insolvent/breaches

Question 5

When is S entitled to the full k price?

Answer 5

B accepted goods

conforming goods lost or damages after risk of loss is on B OR

Identified goods unable to be sold

Question 6

what other damages are available to S?

Answer 6

k price v mkt price

k price v resale price

Question 7

what is a lost profit seller?

Answer 7

S needs to mitigate against breach by selling goods to another

instead of one sale, S deserved 2 sales

k price = cost to manufacturer