Which of the following is a good faith purchaser?

Question

Quizplus · Accepted Answer

A good faith purchaser is someone who has paid consideration for goods and honestly believes that the seller has good title to the goods. This means that the purchaser is not aware of any defects in the seller's title, such as liens or claims by third parties. Choice B is not a good faith purchaser because buying stolen goods is illegal and therefore not done in good faith. Choice C is not a purchaser at all but merely a bailee holding goods for someone else. Choice D is a consignment sale, in which the seller retains title to the goods until they are sold, and so the buyer is not a good faith purchaser.

Which of the Following Is a Good Faith Purchaser