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Howard purchased a mobile home from Don for $125,000. Unknown to Howard, Don had used the mobile home as security for a loan from
Howard purchased a mobile home from Don for $125,000. Unknown to Howard, Don had used the mobile home as security for a loan from his bank, and the bank had registered its security in the mobile home under the provincial personal property security registration legislation. A few months after the sale. Don defaulted on his loan, and the bank discovered that Howard was in possession of the motor home. Which of the following are true? Multiple Choice Howard has a good title to the motor home because he purchased it as a bona fide purchaser, for value, without notice Don is liable to Howard for breach of implied condition of title should the bank seize the motor home The bank is not entitled to seize the motor home because Don had not given notice to Howard of the bank's claim against the vehicle before Howard purchased it The bank is not entitled to seize the motor home because it had not given Howard notice of its claim against the vehicle before Howard purchased it
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