Question
Question Suppose Ned sells Flanders a flat screen TV. Flanders paid for the TV with a bad check, so the contract was voidable. Then Flanders
Question
Suppose Ned sells Flanders a flat screen TV. Flanders paid for the TV with a bad check, so the contract was voidable. Then Flanders gave you the flat screen as a gift for your graduation present. What kind of title do you have for the TV?
- Voidable, because you received the goods as a gift.
- Good, because you got the gift in good faith.
- Void, because the activity described is illegal.
- Void, because the contract involves check fraud.
- Good, because Flanders (the purchaser) made a good-faith purchase.
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
