Anderson Clock Company is in the business of selling and ...

[Mimi]

Anderson Clock Company is in the business of selling and repairing clocks. Jay purchased a grandfather clock from them. Laurie had left the clock at Anderson's for a cleaning and calibration. When Laurie found out the clock had been sold, she contacted Jay and demanded he return it. Must Jay comply with Laurie's demand? What other options does she have?

Question 2

Day 1  Grantor transfers title to A Day 2  Grantor transfers title to the same property to B Day 3  Grantor transfers title to the same property to C (bfp) Day 4  B records the deed from the grantor Day 5  Grantor transfers title to D Day 6  C records Day 7  D records Under a pure notice state, who takes title?
 A)A
 B)B
 C)C
 D)D

[carolinefletcherr]

Answer to Question 1

No. When Laurie left the clock at Anderson's she created a bailment. Because Anderson is in the business of selling clocks, Anderson passed title to Jay as a good-faith purchaser. Laurie has a cause of action against Anderson for conversion. If Anderson sold the clock knowing it belonged to Laurie, some states could consider the sale a crime such as larceny. All legal proceedings will involve Anderson, Laurie and possibly the government. However, Jay has good title to the clock and is the rightful owner.

Answer to Question 2

C

[Mimi]

YES! Correct, THANKS for helping me on my review

[upturnedfurball]

Excellent