Tuan,Inc.contracted to buy 200 monogrammed blankets from Titex,Inc.Tuan paid for the blankets in advance.Before segregating and monogramming the blankets,Tuan filed for bankruptcy.Tuan will not be able to recover the blankets because:

Question

Quizplus · Accepted Answer

Since the blankets were not identified to the contract, Titex still technically owned them at the time of Tuan's bankruptcy filing, and therefore they would not be considered Tuan's property that could be recovered through the bankruptcy process.

Tuan,IncContracted to Buy 200 Monogrammed Blankets from Titex,Inc