Under the Uniform Commercial Code, when the minor has sold goods and the buyer has resold them to a good faith purchaser for value:
A) the minor can disaffirm and recover the property.
B) both the purchaser from the minor and the good faith purchaser for value acquire legal title.
C) the good faith purchaser for value acquires legal title.
D) the good faith purchaser for value receives a voidable title.

Question

Quizplus · Accepted Answer

The Uniform Commercial Code (UCC) provides protection for good faith purchasers for value by allowing them to acquire legal title to the goods, even if the goods were sold by a minor who could disaffirm the contract. This ensures stability and trust in commercial transactions by protecting the interests of third parties who rely on the apparent validity of their purchase.

Under the Uniform Commercial Code, When the Minor Has Sold