Quality Carpets of Cotton and Flax

In the given question, carpet manufacturer and whole saler Quality Carpets (Carpets, as will be indicated in later discussion for abbreviation) ordered 10,000 lineal meters of "texture weave" from Cotton and Flax Pty Ltd (Cotton) under certain contract terms. Carpets used "texture weave" to manufacture its own carpets, and sold it to carpet retailers throughout Australia and New Zealand. After the order of "texture weave"� arrived on Monday 28, July, Carpets sequentially mixed it to produce carpet during the next few days. Since Carpets started fall into voluntary liquidation on 1st August, Cotton and Flax was raising legal concerns with all unpaid "texture weave"� from Carpets.

Under the contract of sale which involves certain Clause as following:

Property in the goods sold will not pass to the buyer until
[a] The purchase price has been paid in full;
[b] The purchase price has been paid in full and the buyer has paid all other debts owed to seller;
[c] If the goods are reso...