[Accidental Sale] Julio entrusted his automobile to Slick Sid's for repair. The manager of Slick Sid's, who did a very poor job with inventory, accidentally sold the car to Ramona. Ramona, who paid cash for the car, had no idea that the car did not belong to Slick Sid's and paid fair market value for it. When Julio went to pick up the car, he was very upset that it was gone. The manager of Slick Sid's told him that he was very sorry, but that his only recourse would be against Ramona.
-What is the proper identifying term for Ramona?
A) A good-faith purchaser
B) A valid purchaser
C) A void purchaser
D) A voidable purchaser
E) An interested purchaser for value

Question

Quizplus · Accepted Answer

Ramona is considered a good-faith purchaser because she bought the car without knowledge of the car's true ownership and paid fair market value for it.

[Accidental Sale] Julio Entrusted His Automobile to Slick Sid's for Repair