On May 1, Sikora goes into Carsons retail clothing store to purchase a suit. Sikora finds a
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(a) One of Carson’s major creditors obtains a judgment on the debt Carson owes and has the court issue a writ of execution (a court order to seize a debtor’s property to satisfy a debt) to collect on that judgment all clothing in Carson’s possession. Discuss Sikora’s rights in the suit under these circumstances.
(b) On May 9, through no fault of Carson’s, the store burns down, and all contents are a total loss. Between Carson and Sikora, who suffers the loss of the suit destroyed by the fire? Explain.
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Related Book For
Business Law Text and Cases
ISBN: 978-0324655223
11th Edition
Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F
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