Which of the Following Is Necessary to Be Considered a Good

question 8

Multiple Choice

Which of the following is necessary to be considered a good faith purchaser?

• A) The purchaser must give value for the item.
• B) The purchaser must take the goods without notice or knowledge of any defect in the title of the transferor.
• C) The purchaser must act honestly.
• D) All of these are necessary.

---

Definitions:

Environmental Groups

Organizations focused on advocating for the protection of the environment and promoting awareness of environmental issues.

Social Pressures

The influence that is exerted on individuals or groups by society, encouraging them to conform to societal norms and expectations.

Corporate Social Responsibility

A business approach that contributes to sustainable development by delivering economic, social, and environmental benefits for all stakeholders.

Legal

Pertaining to the laws, regulations, and codes that govern behavior, agreements, and proceedings within a jurisdiction.