Solved

Nancy's Purses Sells Janet a New Purse for $100

Question 22

Multiple Choice

Nancy's Purses sells Janet a new purse for $100. Unknown to Janet, Nancy actually stole the purse from another retailor. Will Janet be able to keep the purse?


A) Yes because Janet was innocent and a good-faith buyer.
B) Yes because to do otherwise would result in an unjust enrichment for Nancy.
C) No because while Janet was a good-faith buyer, the purse was stolen.
D) No because Janet should have known the origins of the goods sold.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents