Anderson's Business Law and the Legal Environment 20th Edition by David Twomey,Marianne Jennings

Exercise 12

Smith operated a marina and sold and repaired boats. Gallagher rented a stall at the marina, where he kept his vessel, the River Queen. Without any authorization, Smith sold the vessel to Courtesy Ford. Gallagher sued Courtesy Ford for the vessel. What was the result? [ Gallagher v Unenrolled Motor Vessel River Queen, 475 F2d 117 (5th Cir)]