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Business Law - Lesson 16.1 Activity

AB
A person who buys stolen goods from a thief receives possession but not ___ to the goodsTitle
A __ is an innocent third party who acquires the rights to goods that were sold by a defrauded sellerGood Faith Purchaser
Only the __ owner of goods may legally transfer ownership of those goodsTrue
__ goods exist physically even though they may not be fully assembled or deliverableExisting
If an owner of goods is induced by fraud to sell the goods the buyer obtains a ___ titleVoidable
__ goods have been specifically designated as the subject matter of a particular sales contractIdentified
__ goods are of a homogeneous natureFungible
__ means that the seller places the proper goods at the buyer's disposal and notifies the buyer so that delivery can be receivedTender or delivery
A __ is a person who is deemed to have title to the goodsHolder
__ goods are both existing and identifiedFuture


Business Education Teacher
Clinton-Graceville-Beardsley Schools

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