The UCC's entrustment rule a. allows a person who has no legal right to possession of particular goods (i.e., a thief) to sell them to a good faith purchaser. b. allows a person who has been entrusted with goods to sell those goods to anyone who is doing business in the seller's store as long as the seller normally sells good of that kind (i.e., bicycle store selling a bicycle). c. illustrates the UCC's objective of protecting a good faith purchaser. d. All the above answers are correct.

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22-07-2019
Business

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The UCC's entrustment rule a. allows a person who has no legal right to possession of particular goods (i.e., a thief) to sell them to a good faith purchaser. b. allows a person who has been entrusted with goods to sell those goods to anyone who is doing business in the seller's store as long as the seller normally sells good of that kind (i.e., bicycle store selling a bicycle). c. illustrates the UCC's objective of protecting a good faith purchaser. d. All the above answers are correct.

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isyllus isyllus · Answer 1 · 2019-08-01T13:51:06+02:00

Answer: The UCC's entrustment rule allows a person who has been entrusted with goods to sell those goods to anyone who is doing business in the seller's store as long as the seller normally sells good of that kind (i.e., bicycle store selling a bicycle).

Under this rule, an proprietor who confide goods to a “merchant” i.e. someone who trades in that particular commodity of that type or holds himself as having cognition or ability in context to the practices or commodity involved in the dealing.