Final answer:
Under the Uniform Commercial Code, a warehouser has specific rights such as the right to sell goods to recover a lien and is not liable when acting in good faith. Selling strategies like offering collateral or money-back guarantees can reassure buyers when there is imperfect information about the goods.
Step-by-step explanation:
Under the Uniform Commercial Code regarding a warehouser's rights, several statements correspond to specific rights and responsibilities:
- A. The warehouser is permitted to sell the goods early if necessary to recover the full amount of her lien or if the goods present a hazard.
- B. A bailee who in good faith, including observance of reasonable commercial standards, has received goods and delivered them according to the terms of the document of title is not liable.
- C. A warehouser has a lien on goods covered by a warehouse receipt to recover charges for storage, transportation, insurance, labor, and expenses necessary to preserve the goods.
- D. A warehouse is responsible for goods listed in a warehouse receipt that were not delivered to the warehouse and must pay damages to a good-faith purchaser or party to a document of title.
- E. A warehouser may enforce the lien by selling the goods at a public or private sale, as long as she does so in a commercially reasonable manner.
When faced with imperfect information, a seller of goods can reassure a possible buyer through various strategies. These can include offering collateral, money-back guarantees, or any agreement that acts as a promise of quality. These measures help increase buyer confidence and promote the quality and reliability of the goods being sold.