Business Law: Principles for Today's Commercial Environment 3rd Edition by Marianne Moody Jennings, David Twomey, Marianne Jennings

Exercise 10

Without permission, Grissom entered onto land owned by another and then proceeded to cut and sell the timber from the land. On learning that the timber had been sold, the owner of the land brought an action to recover the timber from the purchaser. The purchaser argued that he was a good-faith purchaser who had paid value and therefore was entitled to keep the timber. Decide. [Baysprings Forest Products, Inc. v Wade, 435 So2d 690 (Miss)]