A basic tenet of the law, which is expressly stated in the Code, is that a purchaser of goods obtains such title as his transferor had or had power to transfer.

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This principle is known as the "nemo dat" rule, which means that a person cannot transfer a better title than they themselves have. This is a fundamental concept in property law and is often codified in legal systems.

A Basic Tenet of the Law, Which Is Expressly Stated