Retention of Title
Read the following Retention of Title clause of a contract, then select the correct option from the list to complete (1) ….. to (10) ….. .
The ownership of the goods ___1___ to the Buyer shall ___2___ with the Seller until payment ___3___ for all the goods shall have been received by the seller in accordance with the terms of this contract or until such time as the Buyer sells the goods to its customers by way of bona-fide sale at full market ___4___.
During the period in which the title to the Goods remains with the Seller, the Buyer shall ___5___ the Goods separately from other goods owned by the Buyer or third parties, ensuring that they remain ___6___ as the Seller’s property.
If the payment for the goods is overdue in whole or in part, the seller may ___7___ or resell the goods or any part of it and may enter upon the buyer’s ___8___ for that purpose. Such payment shall become ___9___ immediately upon the commencement of any act or proceeding in which the buyer’s ___10___ is involved.
Now, press the START button to select the correct option from the list to complete (1) ….. to (10) ….. .
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