Samantha Purchased a Used Computer System from Office Rental,Inc

question 11

Multiple Choice

Samantha purchased a used computer system from Office Rental,Inc.who was updating its computers.Later,Big Bank asserted the right to repossess the used computer system from Samantha since it had a lien on all of Office Rental's business equipment to secure an unpaid loan.Samantha was unaware of this lien.What are Samantha's legal rights?

• A)She can sue Office Rental for breach of warranty of title.
• B)She can claim that she was unaware of Office Rental's debt,and hence,Big Bank cannot assert its lien.
• C)She can continue to possess the computer system,since she paid Office Rental for it.
• D)She can claim a refund from Office Rental,but cannot bring a lawsuit against Office Rental or Big Bank.

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Definitions:

Business

The act of engaging in trade, commerce, or activities for profit and growth.

Cash-Flow Projections

Estimates of a company's future financial liquidity over a specific period, accounting for incoming and outgoing cash.

First Year

Pertains to the initial period of time, typically referring to the first 12 months, in various contexts such as a company's operations, an educational program, or an individual's experience in a new role.

Business

Business refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.