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Thread: balance claims

    • Join Date: Jul 2005
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    balance claims


    could you please tell me what the expressions "balance claims" and "retained goods" mean in the following sentence (the whole paragraph is entitled "title retention"):

    The purchaser is entitled to resell the goods only within the framework of orderly business practice and insofar as his pecuniary circumstances are not affected last-ingly. In the latter case the purchaser will concede to the supplier the claims with all accessory rights from the resale of the retained goods, including any balance claims.

    Thank you very much.


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    Re: balance claims

    I think 'retained goods' means 'supplies'.

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