BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
When stolen goods are sold to an innocent purchaser, the true owner is entitled to return of the goods.
A
true
B
false
Explanation: 

Detailed explanation-1: -Take the item to the police They’ll try to return it to its original owner. You shouldn’t keep the item or return it to the seller yourself-this might be considered ‘handling stolen goods’, which is illegal.

Detailed explanation-2: -Penalties for Possession of Stolen Goods If a misdemeanor, you could face up to one year in jail. If a felony, you could face up to three years in state prison and could be facing civil penalties that include paying the owner of the property up to three times the value of the stolen items.

Detailed explanation-3: -Section 411 proposes that whoever dishonestly receives or retains a stolen property, knowing or having reason to believe that such property is a stolen one, shall be imprisoned for a term which may extend up to three years, or with fine, or both.

Detailed explanation-4: -411. Dishonestly receiving stolen property.-Whoever dishonestly receives or retains any stolen property, knowing or having reason to believe the same to be stolen property, shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.

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