14. Elmer steals Mike's bike and takes it to Peter's used bike shop. Peter purchases the bike from Elmer for $50. Then Peter puts the bike up for sale for $75. Mike stops in Peter's bike shop to look for a new bike, sees that Peter has his bike and demands that Peter surrender it. Which of the following statements is true? A. Peter must surrender the bike to Mike, but Mike must pay Peter $50. B. Peter must surrender the bike to Mike without payment. C. Peter doesn't need to surrender the bike, but Mike may sue Elmer for damages. D. Mike may purchase the bike for $75