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24 March, 08:12

William steals a valuable collection of baseball cards from Phillip. William then sells the cards to Darrel, who does not know that the cards are stolen. Phillip discovers that Darrel has the cards. Which of the following best describes the rights and liabilities of the parties involved?

a. Darrel has the right to keep the cards if he compensates Phillip monetarily.

b. Phillip has the right to reclaim the cards from Darrel but is liable to Darrel for damages.

c. Phillip has the right to reclaim the cards from Darrel and William is liable to Darrel for damages.

d. Darrel has the right to keep the cards without compensating William.

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  1. 24 March, 08:36
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    Answer: Option C

    Explanation:

    Philip has the right to reclaim his cards, because it was stolen from him.

    William is liable to Darrel for damages caused in the process by which Philip regains his cards because William committed punishable offense

    1. Stole the cards and;

    2. Sold the cards

    Darrel has no objection to the cards because;

    1. They were stolen card and;

    2. He didn't verify the source of the cards before he purchased it.

    But the bottom line is

    1. Philip has the right to reclaim his cards

    2. William is liable to Darrel for damages.
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