BU231 Lecture Notes - Lecture 9: Anglia Building Society, Exxon, Uberrima Fides
Document Summary
If k is deemed void, then there was no k and therefore goods or money must be returned to a: title did not pass to f, but stayed with a. If k is deemed voidable, then there was a k and therefore goods or money stays with b: title did pass to f and therefore f could pass title to b. The innocent 3rd party must be that innocent: must be a bfpvwn: bona fide purchaser for value without notice. If contract between brock and shelia is void, the ownership never transferred to shelia so when she sold it to. Byron, she never had the ownership because brock remained the owner so he gets the car back. Byron has a bill of sale for the car and he has to sue brock back for the tort of conversion: theft or poccession of property.