ABSTRACT

Of course, the supplier can always ignore his security and simply sue for the price or rent (see post, paras 24.49; 27.15A et seq).

[24.02] There is much truth in the old adage that possession is nine-tenths of the law: to retain possession of the goods to be supplied may well be the safest way in which the seller can ensure payment or, at least, minimise his loss. In part, this is because Part V of the SGA gives the unpaid seller in possession certain rights against those goods.