
Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson
Edition 19ISBN: 978-1305654921
Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson
Edition 19ISBN: 978-1305654921 Exercise 5
Steve Atwell purchased the shell of a 1965 Dodge racecar specially manufactured for legendary drag racer Dave Strickler. Even though the car had been transferred through many owners, and substantial modifications had been made, Atwell received significant documentation regarding the vehicle's history, ownership, and even the original certificate of title Dave Strickler's name and address. Atwell spent more than ten years restoring the car, using as many original 1965 parts as possible. Atwell then undertook to sell the car, while loaning it to the Chrysler Museum for display. Nicholas Smith, a collector of classic cars, entered into a contract with Atwell to purchase the restored Strickler car. Smith then further altered the car according to his own preferences. At a classic car event, a car historian claimed that the body had been replaced and it was not the "real" Strickler car. Smith sued under Article 2 of the UCC, among other claims. Was the car a "good"?
Explanation
Sale of goods:
When absolute ownership ...
Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson
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