Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mary Smith was a rancher in the business of buying and selling, horses and cattle. When Gene Baker began buying race horses for investment purposes,

Mary Smith was a rancher in the business of buying and selling, horses and cattle. When Gene Baker began buying race horses for investment purposes, he entered into an agreement with Smith to board the horses at Smith's ranch. Mike Perry bought two breeding mares from Smith, unaware that they actually belonged to Baker. Perry sold one horse to Gary Jones. Both Perry and Jones arranged to board the horses with Smith. When Baker removed the horses from Smith's farm, Perry and Jones filed a suit in state court against him seeking to recover the horses alleging they were the owners of the horses.

Question: To whom do the horses belong and why?UCC 2-403

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contract Law

Authors: Ewan McKendrick

13th Edition

1352005255, 978-1352005257

More Books

Students also viewed these Law questions

Question

6. How can a message directly influence the interpreter?

Answered: 1 week ago