Scott, a minor, sells his digital camera to Hadley, who then sells it to Sherry.Under these circumstances:
A) if Sherry is a good faith purchaser for value and she buys the camera before Scott elects to rescind, no rescission is permitted.
B) if Scott wants to rescind the transaction after the sale to Sherry, a good-faith purchaser for value, he has no remedy or recourse.
C) Hadley and Sherry both received a voidable title regardless of whether they contracted in good faith.
D) Scott retains the power of avoidance of the contract, since he is a minor, even after the property is sold to Sherry.

Question

Quizplus · Accepted Answer

A good faith purchaser for value, like Sherry, can obtain good title even if the seller (Hadley) had a voidable title, as long as the purchase was made before the original owner (Scott) rescinds the contract.

Scott, a Minor, Sells His Digital Camera to Hadley, Who