Can lane compel honeycutt to return the boat

Assignment Help Business Management

Reference no: EM131388067

Fred Lane, who sells boats, motors, and trailers, sold a boat, motor, and trailer to John Willis in exchange for a check for $6,285.00. 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 $2,500.00. Considering the boat's quality, Honeycutt was surprised at how inexpensive it was. He did not know where Garrett got 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: EM131388067

Questions Cloud

Why does regular-individual demand curve slope downward : Why does a regular/individual demand curve slope downward? Does aggregate demand (AD) curve slope downward because of the same reason(s)? If no, why does it slop downward?

Explain who is entitled to possession of the car : The dealer promised to give Mr. Schrier a certificate of title. One month later, the car was seized by the police on behalf of Home Indemnity. Explain who is entitled to possession of the car.

Account in exactly one year : 1. A couple invests $11,691.00 today in a money market fund that pays 6.00% per year. What is the value of this account in exactly one year?

Why does regular-individual supply curve slope upward : Why does a regular/individual supply curve slope upward? Does aggregate supply (AS) curve slope upward because of the same reason(s)? If no, why does it slop upward?

Can lane compel honeycutt to return the boat : 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.

Design a one-page advertisement to promote the service : Design a one-page advertisement to promote the service with the following features. Create a catchy motto, tag line or slogan to go along with the context of the service to make your advertisement memorable.

President obama prevented the financial crisis : 1. Discuss the crisis of 2007-2009 in USA and compare it with the Great Depressionin 1929. Inyour discussion identify the factors that triggered both crises? 2. President Obama prevented the financial crisis of 2007 and 2009 from becoming a depres..

Who bears the risk for the loss of the home : Moses also had not received keys to the front door. Before Newman corrected these problems, a windstorm destroyed the home. Who bears the risk for the loss of the home? Why?

Discuss about the organizational networks and partnerships : The organization for this discussion is a for-profit career college. The mission statement involves preparing learners for a professional/technical career. This is a degree granting institution with diploma, associate and bachelor degrees. They of..

User Account

All Pages