R Offers to Buy a Used Bicycle from O

question 6

Multiple Choice

R offers to buy a used bicycle from O. He gives O a name card which falsely indicates that he is a famous philanthropist. Based on the repute of that man, O agrees to accept a cheque for the bicycle, but it bounces when O attempts to cash it. The bicycle is later found in the possession of a bona fide purchaser A. What is the likely outcome should O sue A for the bicycle?

• A) O will be successful since he intended to sell to the famous philanthropist and not the rogue present.
• B) O will be successful since the contract between him and R was void for mistake of identity.
• C) O will be unsuccessful since he only made a mistake as to the attributes of the rogue rather than his identity.
• D) O will be unsuccessful since he only made a mistake as to the identity of the rogue rather than his attributes.

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Definitions:

Easement Dispute

A legal conflict between property owners about the rights to use or access property owned by someone else.

Copyright Protection

Legal rights granted to creators and authors over their original works, preventing unauthorized reproduction or use for a limited time.

Fair Use

A legal doctrine allowing limited use of copyrighted material without needing permission, typically for purposes such as criticism, comment, news reporting, or research.

Double-Declining-Balance

A method of accelerated depreciation where an asset's value decreases at double the rate of traditional straight-line depreciation.