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(1)A seller of goods is an "unpaid seller" within the meaning of this Act'
(a)when the whole of the price has not been paid or tendered; or
(b)when a bill of exchange is received as conditional payment, and the condition on which it was received has not been fulfilled by reason of the dishonour of the instrument or otherwise.
(2)In this Part "seller" includes any person who is in the position of a seller, such as, an agent of the seller to whom the bill of lading has been endorsed, or a consignor or agent who has himself or herself paid, or is directly responsible for, the price.
You are an unpaid seller if the buyer has not paid the full price or has not tendered the full price. You also become an unpaid seller if you received...
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