B is known in the trade as a trader and merchant of soybeans.A entrusts a load of soybeans to B for storage in B's warehouse.Secretly,B delivers the goods to an ocean carrier in return for a bill of lading.B then sells the document covering a shipment of soybeans to C,who has purchased soybeans from B in the past.C pays for the document through its bank.B absconds with the money.In this case:
A) A may demand return of the soybeans from C.
B) C has greater rights in the soybeans than A.
C) A's only remedy is against the ocean carrier.
D) C's bank is liable for committing a conspiracy against A.
Correct Answer:
Verified
Q54: The government of Venezuela is purchasing a
Q55: A good faith purchaser is one who
Q56: In an effort to satisfy an important
Q57: A entrusts a shipment of eel skins
Q58: An importer in Germany requests a price
Q60: If the seller in Omaha wishes to
Q61: Draft a bill of lading.
Q62: Rich Maes contracts to deliver bison meats
Q63: Prepare an invoice that contemplates any number
Q64: Compare and contrast the circumstances under which
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents