In the Case of a Contract for the Sale of Goods

question 21

True/False

In the case of a contract for the sale of goods which is rendered void for mistake,a third party who has subsequently acquired those goods will not be entitled to retain them.

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Definitions:

Virtue Ethics

An approach to ethics that emphasizes the character of the moral agent rather than the consequences or rules governing their actions.

Positive Character Traits

Attributes or qualities that are morally good or beneficial in nature.

Sarbanes-Oxley Act

A U.S. federal law enacted to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws.

Certified Public Accountant

A professional designation given to accountants who pass a licensing examination and meet other statutory requirements.