You Buy a Pair of Very Used Skis for $25

question 13

Multiple Choice

You buy a pair of very used skis for $25 from a store in Steamboat Springs.You learn later that Billy Kidd,a famous skier,owned the skis years ago.The store demands that you return them because it did not know that they once belonged to Billy Kidd.Which is true?

• A) The store can force you to return them based on mutual mistake.
• B) The store can force you to return them based on unilateral mistake.
• C) You can be forced to return the skis because you have defrauded the store owner.
• D) The store will not be able to force you to return the skis.

---

Definitions:

Trickle-Down Redistribution

An economic theory suggesting that benefits provided to the wealthy or upper economic classes will eventually "trickle down" to benefit poorer members of society.

Potlatch Reciprocity

A ceremonial feast practiced among indigenous peoples of the Pacific Northwest Coast of America, characterized by the generous giving of gifts which reciprocally establish or reinforce social status.

Basic Unit

The fundamental component or building block within a structured set, often referring to the simplest division in a system's hierarchy.

Cooperative Work

Efforts undertaken jointly by a group of people or entities to achieve a common goal, often emphasizing teamwork and shared responsibilities.