Monday, May 24, 2010

Business Law question help!?

Tom purchases an IBM from Jonh, a thief, for $550. Later, Tom reconditions the typewritten and sells it to Larry for $750. When the original owner tracks down the stolen typewritten, Larry sues Tom under the theory of


a. warranty of title


b. warranty of merchantability


c. express warranty or warranty against infringement





Beacause Larry is Tom's best friend, Larry sues Jonh for his loss. Larry will


a. win on theory of warranty of title or win in theory of strict liability?


b. Lose because there is no privity of contract


c. lose, Jonh was a thief and made no warranty of life


d. lose, there was a disclaimer

Business Law question help!?
Did Tom have a signed Document from John?


Any proof?


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