Al sells gravel to Bob on credit, and Bob sells it to Chuck, an innocent purchaser. Then Bob runs away with the money, without paying Al. Who will get the gravel if the court holds that the contract between Al and Bob was "void"?

A) Al
B) Bob
C) Chuck
D) Al and Bob
E) Bob and Chuck

Question

Krystal Scrivens · Accepted Answer

Final Answer : A, Explanation :  If the contract between Al and Bob is deemed void by the court, it means that legally, the contract is treated as if it never existed. Therefore, Al retains ownership of the gravel, as the transfer of ownership to Bob (and subsequently to Chuck) is invalidated.

Al sells gravel to Bob on credit, and Bob sells it to Chuck, an innocent purchaser. Then Bob runs away with the money, without paying Al. Who will get the gravel if the court holds that the contract between Al and Bob was "void"?

A) Al
B) Bob
C) Chuck
D) Al and Bob
E) Bob and Chuck

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Learning Objectives

Related questions

Al sells gravel to Bob on credit, and Bob sells it to Chuck, an innocent purchaser. Then Bob runs away with the money, without paying Al. Who will get the gravel if the court holds that the contract between Al and Bob was "void"?A) AlB) BobC) ChuckD) Al and BobE) Bob and Chuck

Definitions

Learning Objectives

Learning Objectives

Related questions

Al sells gravel to Bob on credit, and Bob sells it to Chuck, an innocent purchaser. Then Bob runs away with the money, without paying Al. Who will get the gravel if the court holds that the contract between Al and Bob was "void"?

A) Al
B) Bob
C) Chuck
D) Al and Bob
E) Bob and Chuck