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B Is Known in the Trade as a Trader and Merchant of Soybeans. A Entrusts a Load of Soybeans to B for Storage in B's Warehouse.

Problemas

B is known in the trade as a trader and merchant of soybeans. A entrusts a load of soybeans to B for storage in B's warehouse. Secretly, B delivers the goods to an ocean carrier in return for a bill of lading.B then sells the document covering a shipment of soybeans to C, who has purchased soybeans from B in the past. C pays for the document through its bank B absconds with the money. In this case: a. C takes paramount title. b. B is guilty of a crime under the Uniform Commercial Code. c. B and the carrier are liable for a conspiracy to commit fraud d. C is probably not a good faith purchaser.

Roztwór

Catalina maestro · Tutor durante 5 años
Weryfikacja ekspertów
4.4 (209 Votos)

Respuesta

b

Explicación

This question is about the Uniform Commercial Code (UCC), which is a comprehensive set of laws governing all commercial transactions in the United States. The UCC is concerned with the transfer and sale of goods and the obligations of the parties involved. In this scenario, B, a merchant, has committed a crime by delivering goods to an ocean carrier in return for a bill of lading without the knowledge of the owner (A). B then sells the document covering a shipment of soybeans to C, who has purchased soybeans from B in the past. C pays for the document through its bank, and B absconds with the money. This is a clear violation of the UCC, as B has committed a crime by delivering goods without the knowledge of the owner and absconding with the money received from C. Therefore, the correct answer is b. B is guilty of a crime under the Uniform Commercial Code.