2.42 Nemo dat

What is the nemo dat rule in sales law?

• A seller can transfer ownership of goods they don't legally own

• A buyer cannot acquire ownership if the seller lacked a perfect title

• A buyer can acquire good ownership even if the seller lacked a perfect title

• A seller can transfer ownership of goods they don't legally own

In which situation can a buyer be estopped from claiming ownership of a sold item?

• If the seller lacked a perfect title

• If the buyer was aware of the seller's lack of ownership

• If the buyer never informed the true owner that the item was theirs

• If the buyer acted in good faith

Under what circumstance can a buyer acquire full ownership even if the agent oversteps their authority?

• If the agent has a perfect title to the goods

• If the buyer is aware of the agent's actions

• If the agent informs the buyer of their actions

• If the buyer is unaware of the agent's overstepping

When can a buyer keep an item purchased in good faith, even if the seller had a faulty claim to ownership?

• If the buyer knew about the faulty claim

• If the true owner takes legal action to void the sale

• If the buyer bought the item at a discounted price

• If the buyer was unaware of the faulty claim

What happens if a seller accidentally sells the same item twice?

• The seller is penalized for the mistake

• The buyer who pays more becomes the rightful owner

• The buyer who takes possession first becomes the rightful owner

• The seller can reclaim the item from both buyers

Under what condition can a new buyer acquire full ownership rights when an item is resold with the original seller's consent?

• If the new buyer is aware of the original sale

• If the original seller revokes their consent

• If the new buyer acts in good faith

• If the original seller sells the item at a higher price