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Of the three grounds available for a seller to have a right to resell, which requires a notice to the original buyer of an intention to resell?

User Alex Getty
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Final answer:

When a seller intends to resell goods due to a breach of contract by the original buyer, a notice must be provided to them, allowing the original buyer to rectify the situation before resale.

Step-by-step explanation:

Of the three grounds available for a seller to have a right to resell goods, the ground that requires a notice to the original buyer of an intention to resell typically involves a breach of contract where the original buyer has failed to pay or take delivery of the goods. This notice must be clear and reasonable, giving the original buyer enough time to rectify the issue before the seller proceeds with the resale. In contracts or markets governed by certain rules or statutes, the requirement for notice ensures that the original buyer is informed and has the opportunity to fulfill their obligations or negotiate a resolution before the seller disposes of the goods to a new buyer. This process helps maintain fairness and transparency in transactions, while also safeguarding the interests of both parties involved.

User Thom
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