You Go to a Flea Market and Buy a LCD

question 102

Multiple Choice

You go to a flea market and buy a LCD TV for $100. One day you receive a notice that the owner of the TV, which had been stolen from her house and sold by the thief at the flea market, wants the set back. She says if you do not return the TV she will sue you for:

• A) fraud, and probably win even though you did not know the set was stolen
• B) conversion, and probably lose because you did not know the set was stolen
• C) fraud, and probably lose because you did not know the set was stolen
• D) theft, and probably lose because you did not know the set was stolen
• E) none of the other choices

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Definitions:

Asynchronous Interaction

Communication where responses do not occur in real-time, allowing participants to engage according to their own schedule.

Utilitarian Consumption

involves buying and using products based on their practical functionality and utility, rather than for pleasure or aesthetic reasons.

B2B Commerce

Business-to-business commerce involving transactions between companies rather than between a company and individual consumers.

M2M

Machine-to-Machine communication, referring to direct communication between devices using any communications channel, including wired and wireless.