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a. Arthur brings his new computer to the Quick Fix Repair Shop to be fixed. Two days later, a buyer comes into the shop, and Quick Fix inadvertently sells Arthur's computer. Arthur now wants his computer back. Can Arthur get his computer back? Explain.
b. Why do you think the Code follows this rule in situations such as the one above? Explain.
Subprime Mortgage
A type of mortgage that is offered to individuals with poor credit scores who are considered a higher risk to lenders.
Home Price
The monetary value at which a residential property is bought or sold in the real estate market.
Foreclosure Process
The legal procedure by which a lender seizes and sells a property after the borrower fails to meet the repayment terms of the loan.
Sarah Palin
An American politician who served as the Governor of Alaska from 2006 to 2009 and was the Republican vice presidential nominee in 2008.
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