Megan has purchased two tickets for a lucky draw at the local supermarket,which are with the store's cashier.Tracy,her friend,who knows about this,convinces the cashier that she is Megan and takes the tickets.She then goes and sells the tickets to Anya,who has no knowledge of the case.Which of the following statements is true?

Question

Quizplus · Accepted Answer

Under the Code,good faith means "honesty in fact in the conduct or transaction concerned" and a buyer has given value if he has given any consideration sufficient to support a simple contract.Good faith purchasers can do nothing to avoid injury.

Megan Has Purchased Two Tickets for a Lucky Draw at the Local