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According to Davis and Moore, why does it make a difference who gets into which positions?
Merchant
A person who deals in goods of the kind sold in the ordinary course of business or who otherwise claims to have knowledge or skills peculiar to those goods.
Allegation of Fraud
An assertion that someone has engaged in deceitful practices in violation of the law, typically involving financial transactions.
Voidable Title
Title that may be voided if one of the parties elects to do so.
Clouded Title
A title that has any irregularity, claim, or lien that creates uncertainty about the true ownership of the property.
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