Cengage Advantage Books: Essentials of Business Law 5th Edition by Jeffrey Beatty,Susan Samuelson

Exercise 1

Sam obtains a Patek Philippe watch from Greg by fraud. It has a retail price of $10,000. He sells it to Melissa for $9,000. She believes he owns the watch. Melissa a bona fide purchaser. Sam disappears. If Greg discovers that she has the watch anddemands that it be returned, Melissa have to give the watch to Greg.
(a) is; will
(b) is; will not
(c) is not; will
(d) is not; will not