Can lane compel honeycutt to return boat-motor and trailer

Assignment Help Financial Accounting

Reference no: EM131263085

Fred Lane, who sells boats, motors, and trailers, sold a boat, motor, and trailer to John Willis in exchange for a check for $6,285. The check was not honored when Lane attempted to use the funds. Willis subsequently left the boat, motor, and trailer with John Garrett, who sold the items to Jimmy Honeycutt for $2,500. Honeycutt, surprised at how inexpensive the boat was, considering its quality, did not know where Garrett had obtained the boat, but he had dealt with Garrett before and described him as a “sly businessman.” Garrett did not sell boats; normally, he sold fishing tackle and provisions. Honeycutt also received a forged certificate for the boat, on which he had observed Garrett forge the purported owner's signature. Can Lane compel Honeycutt to return the boat, motor, and trailer? Explain.

Reference no: EM131263085

Questions Cloud

What are the five planning dimensions : What are the five planning dimensions? - What is the difference between a policy, a procedure, and a rule? - Why do some sport managers fail to plan?

Growth in the romer model : Growth in the combined Solow-Romer model is faster than growth in the Romer model. In what sense is this true? Why is this true?

Modify block diagram to obtain a digital position control : Position control servos are discussed extensively in classical control texts. Draw a block diagram for a direct current motor position control system after consulting your classical control text. Modify the block diagram to obtain a digital positi..

What types of events do sport managers plan : What are some of the activities involved in planning a youth Olympics-style games? - What types of events do sport managers plan?

Can lane compel honeycutt to return boat-motor and trailer : Fred Lane, who sells boats, motors, and trailers, sold a boat, motor, and trailer to John Willis in exchange for a check for $6,285. The check was not honored when Lane attempted to use the funds. Willis subsequently left the boat, motor, and trailer..

Lot of money improving his garden : 1) If Jane spends most of her money on her car, then according to an economist which assumption should we make about this household. 2) Disneyland is a public good. 3) Public telephones are a public good/service. 4) Your nei..

What is your strongest and weakest channel : Which message transmission channel do you use most often in your personal and professional lives? - What is your strongest and weakest channel? How can you improve on your weakness?

Analyze and discuss the issues in supporting your decision : What is your decision? Analyze and discuss the issues in supporting your decision. You are asked to advise her of the advantages and disadvantages of her proposed venture.

Draw block diagram for digital control system for the angle : Draw a block diagram for a digital control system for the angle of attack, including a gyroscope to measure the angle α and a motor to adjust the thrust angle δ.

User Account

All Pages