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Q. Bard answers a classified advertisement for the sale of a Honda Accord. Bard has been shopping for two months for the used Accord, also answers this ad because the asking price is $9,500 for the car which has a retail book value of $13,000. The seller, Sam , says the price is low because he is moving out the country in three days to start a new job also must have the cash from the car before he leaves. Bard buy the car also pays full price, only to learn which Sam had just purchased the car from another individual. The check which Sam used to purchase the car was written on an account which Sam had closed several months earlier. Sam has disappeared. Discuss who will get to keep the car also all factors the court will use in reaching its decision.

 

 

Business Management, Management Studies

  • Category:- Business Management
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