Ralph Purchases a Car from a Minor and Subsequently Sells

question 71

Multiple Choice

Ralph purchases a car from a minor and subsequently sells it to Jack,another adult who had no reason to know of the previous transaction and who paid full value for the car.Which of the following best describes this situation?

• A) Ralph had good title and Jack gets good title.
• B) Ralph had good title and Jack gets voidable title.
• C) Ralph had voidable title and Jack gets good title.
• D) Ralph had voidable title and Jack gets voidable title.

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Definitions:

Deposition

A sworn, out-of-court testimony of a witness that is used for gathering information and evidence in legal proceedings.

Oath

A solemn promise, often invoking a divine witness, regarding one's future action or behavior.

CEO

Chief Executive Officer, the highest-ranking executive in a company, responsible for major corporate decisions.

Cross-Examination

The questioning of an opposing witness during a trial.