ten day rule
ten-day rule. The doctrine that one who sells goods on credit and then learns that the buyer is insolvent has ten days after the buyer receives the goods to demand their return. • The seller has even longer to demand return if the buyer has made a written representation of solvency to the seller within three months before delivery. [Cases: Sales 316(1). C.J.S. Sales §§ 325–326, 339–343.]
