Pinoy fresh food and variety store

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Reference no: EM133810596

Question

Edward Bautista had operated Pinoy Fresh Food and Variety Store for a number of years with limited success. Eventually, he found herself seriously in debt as a result of a number of unfortunate purchases of goods that spoiled before he could find a market for them, and he made a voluntary assignment in bankruptcy. A few weeks later, while still an undischarged bankrupt, he purchased $2600 worth of farm produce on credit from a farmer who was unaware of the fact that he was an undischarged bankrupt. Sharp sold part of the goods at a profit to a friend, and kept the remainder of the food for her own use. When Edward failed to pay the farmer, the farmer instituted legal proceedings to collect the $2600. Explain the rights of the farmer in this contract.

Reference no: EM133810596

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