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CALIFORNIA CORPORATE & SECURITIES LAW

Liability For Stolen Goods: A Four Thousand Year Old And Still Unsolved Problem

Suppose a businessman purchases inventory from a warehouse and then resells it. ¬†Suddenly, the owner of the goods appears and seeks compensation for her goods on the basis that the warehouse had converted the goods. ¬†The businessman protests that he acted in good faith, had no knowledge of the conversion and had paid full value…

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