What kind of title did Billy have?
A) Good
B) Void
C) Voidable
D) Absolute
E) Illegal

Question

Quizplus · Accepted Answer

When a buyer with the voidable title turns around and sells the goods to a third-party purchaser. If that third-party purchaser made a good-faith purchase for value (as opposed to receiving the goods as a gift), he or she gets good title, not void or voidable title. Betty had good title. The title retained its status when transferred to Billy. In a title transfer, good title is passed when there is good title held by the seller.

What Kind of Title Did Billy Have