Louella purchases a steam cleaner from Alden for $120 . She must believe Alden is the owner of or has the authority to sell the cleaner in order to receive the protection of a good faith purchaser

a. True
b. False
Indicate whether the statement is true or false

True

Business

You might also like to view...

The Dulac Box plant works two 8-hour shifts each day. In the past, 500 cypress packing boxes were produced by the end of each day. The use of new technology has enabled them to increase productivity by 30%. Productivity is now approximately:

A) 32.5 boxes/hr. B) 40.6 boxes/hr. C) 62.5 boxes/hr. D) 81.25 boxes/hr. E) 300 boxes/hr.

Business

Under conditions of perfect capital markets, M&M suggest that the average cost of capital for the firm will ________ with the ________ of debt

A) decrease; addition B) remain the same; addition C) increase; reduction D) increase; addition

Business