Question 11 Buyer who is in the asphalt business is consider…

Written by Anonymous on March 8, 2024 in Uncategorized with no comments.

Questions

Questiоn 11 Buyer whо is in the аsphаlt business is cоnsidering the purchаse of a roller from Dealer. Buyer learned that Bank1 had a security interest and lien on the roller because Dealer had not yet paid off its loan to Bank1. Buyer decided to buy the roller from Dealer because the price of $20,000 was so cheap. Dealer furnished a title which the Buyer read, and the title indicated that Bank1 had a lien on the roller. Dealer also indicated that the sale was “AS IS and that all warranties are excluded from the sale.” After Buyer took delivery of the roller, Bank1 repossessed the roller and Buyer was unable to continue with its asphalt business. If Buyer sues Dealer, will Buyer prevail and on what claim?

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