If a Good Has Been Stolen and Is Then Sold

question 363

Multiple Choice

If a good has been stolen and is then sold to an unsuspecting buyer:

• A) the good title passes to the buyer whether or not he knows the good was stolen
• B) the good title passes to the buyer as long as he is unaware the good is stolen
• C) the buyer must pay the rightful owner of the good
• D) the buyer is liable for damages to the good and may have to serve jail time
• E) none of the other choices are correct

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Definitions:

Sense of Ownership

The psychological state or feeling whereby an individual identifies with or feels a possessive connection to an object or property.

Sense of Satisfaction

The feeling of contentment or fulfillment that comes from achieving or accomplishing something.

Confirmation Bias

The tendency to process information by looking for, or interpreting, information that is consistent with one’s existing beliefs.

Sounding Board

An individual or group used to test ideas or concepts to gauge their validity or effectiveness before public release.