Multiple Choice
Levi, a well-known lumber dealer with a good reputation, buys a load of lumber and pays for it with a check that is later dishonored. Sam, who is unaware of the bad check, buys the lumber from Levi. Sam is a(n)
A) good faith purchaser.
B) bad faith purchaser.
C) insolvent purchaser.
D) bailee.
Correct Answer:

Verified
Correct Answer:
Verified
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