Although He Knows the Ring Is Really Valuable,Alex Tells Mona

question 46

Multiple Choice

Although he knows the ring is really valuable,Alex tells Mona her ring contains artificial gems,but he would be willing to buy it for $50.Mona agrees.Alex quickly takes the ring to Hanna's Antique Jewelry Shop and sells it for $1,000.A month later,Mona sees her ring on sale for $2,000 at the shop.Is Mona entitled to get the ring back?

• A) Yes,she is the true owner of the ring since she was defrauded.
• B) Yes,since Alex had void title to the ring.
• C) No,since Alex had voidable title to the ring and Hanna was a good faith purchaser.
• D) No,since Mona was an entruster.

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Definitions:

Tying Agreements

Contracts where the buyer is required to purchase one product in order to buy another product, often considered anti-competitive.

Possible Justification

Potential reasoning or explanation that can support or legitimize a particular action or decision.

Market Leader

A company or brand that has the highest sales or market share in a particular industry or market.

Sherman Act

The Sherman Act is a foundational antitrust law in the United States that prohibits monopolistic practices and promotes competition.