When a person sells stolen property to a third party, the owner is estopped from recovering the goods from a:
A) third party delegatee.
B) third party beneficiary.
C) third party seller for value.
D) a good faith third party purchaser for value.

Question

Quizplus · Accepted Answer

A good faith third party purchaser for value is protected under the legal principle of bona fide purchaser for value. This principle states that if a person purchases property in good faith and for value, without knowledge of any defect in the seller's title, then their ownership of that property cannot be challenged by the true owner. Therefore, if the stolen property was sold to a third party who purchased it in good faith and for value, the true owner is estopped from recovering the goods.

When a Person Sells Stolen Property to a Third Party