Under the Uniform Commercial Code, When the Minor Has Sold

question 6

Multiple Choice

Under the Uniform Commercial Code, when the minor has sold goods and the buyer has resold them to a good faith purchaser for value:

• A) the minor can disaffirm and recover the property.
• B) both the purchaser from the minor and the good faith purchaser for value acquire legal title.
• C) the good faith purchaser for value acquires legal title.
• D) the good faith purchaser for value receives a voidable title.

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Definitions:

Deception

The act of concealing the truth or misleading others through false statements or actions.

Personal Unconscious

A term in Jungian psychology referring to the component of the mind holding forgotten or repressed memories and personal experiences.

Psychic Energy

In psychoanalytic theory, the force attributed to the psychological workings of the mind and the driving power behind behavior and thought.

Perceiving

The process of becoming aware of something through the senses, a key element in how individuals understand and navigate their environment.