Seabreeze Outboard and Outdoor Shop Limited was offering for sale used reconditioned snowmobiles. Tim was interested in one of the snowmobiles and purchased it. Sometime after his purchase he found that Empire Financial, which held a conditional sale agreement over the snowmobile with Seabreeze, had petitioned the bankruptcy of Seabreeze. On seizing the company's files and learning the whereabouts of the goods sold that were covered by the conditional sale agreement, Empire had tracked down Tim and had ultimately removed the snowmobile from Tim's yard. Tim was outraged but admitted that he had not searched the province's personal property security registry to determine whether or not the snowmobile was subject to a conditional sale agreement before he purchased it. Discuss the likely outcome of this situation.

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The Answer of Seabreeze Outboard and Outdoor Shop Limited was offering for sale used reconditioned snowmobiles. Tim was interested in one of the snowmobiles and purchased it. Sometime after his purchase he found that Empire Financial, which held a conditional sale agreement over the snowmobile with Seabreeze, had petitioned the bankruptcy of Seabreeze. On seizing the company's files and learning the whereabouts of the goods sold that were covered by the conditional sale agreement, Empire had tracked down Tim and had ultimately removed the snowmobile from Tim's yard. Tim was outraged but admitted that he had not searched the province's personal property security registry to determine whether or not the snowmobile was subject to a conditional sale agreement before he purchased it. Discuss the likely outcome of this situation.

Seabreeze Outboard and Outdoor Shop Limited Was Offering for Sale