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    kyla manalo
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    A seller whose title is voidable, unlike one whose title is void, can transfer valid title to a good faith purchaser. A good faith purchaser buys without notice of any issues with the seller's title to the goods. For example, someone who buys a TV from a major company, unaware the company paid for the shipment with a bad check, would be considered a good faith purchaser and the real owner could not recover the TV. However, someone buying a TV from an individual selling from a truck in a shady area would likely not be seen as a good faith purchaser.

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    A seller whose title is voidable, unlike one whose title is void, can transfer valid title to a good faith purchaser. A good faith purchaser buys without notice of any issues with the seller's title to the goods. For example, someone who buys a TV from a major company, unaware the company paid for the shipment with a bad check, would be considered a good faith purchaser and the real owner could not recover the TV. However, someone buying a TV from an individual selling from a truck in a shady area would likely not be seen as a good faith purchaser.

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    5 views1 page

    Info 4

    Uploaded by

    kyla manalo
    A seller whose title is voidable, unlike one whose title is void, can transfer valid title to a good faith purchaser. A good faith purchaser buys without notice of any issues with the seller's title to the goods. For example, someone who buys a TV from a major company, unaware the company paid for the shipment with a bad check, would be considered a good faith purchaser and the real owner could not recover the TV. However, someone buying a TV from an individual selling from a truck in a shady area would likely not be seen as a good faith purchaser.

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    © All Rights Reserved
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    VERY VERY VERY IMPORTANT:

    Unlike a seller whose title is void, a seller whose title is voidable has the power to transfer valid
    title to a good faith purchaser.

    Good Faith Purchaser: A purchaser who buys without notice of any circumstances that would
    make a person of ordinary prudence inquire whether the seller’s title to the goods being sold
    was valid. The real owner of the goods cannot recover them from a good faith purchaser.

    For example, I buy a TV from a major company, who had paid for the shipment of TV’s with a
    bad check (honestly or otherwise). How was I to know?

    Contrast: I buy a TV from a dude selling a few off of his truck in a shady lane in downtown
    Houston. I don't think I am a good faith purchaser here!

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