the U.S. Supreme Court.
Robert steals a truckload of plasma televisions that belong to Karson Electronics Store.
He then resells it to Stu-Mart, which is unaware of the stolen nature of the goods.
Karson Electronics Store then traces the plasma televisions to Stu-Mart. Robert is also
arrested for the theft. Which of the following is true for Karson’s legal course for
reclaiming the televisions or recovering damages?
A) Stu-Mart is a good-faith purchaser here and as such does not have to hand over the
televisions to Karson.
B) Stu-mart must hand over the televisions to Karson as its title to the goods is void.
C) Karson’s only recourse is against Robert to claim damages.
D) Karson’s cannot reclaim the goods, but can sue Stu-Mart for negligence and
damages.
Which of the following is a necessity to bring a private civil action against a violator of
Racketeer Influenced and Corrupt Organizations Act (RICO) based on securities fraud?
A) The accountant must not be a third-party independent contractor.
B) The defendant has to be first criminally convicted in connection with the securities
fraud.
C) The plaintiff should file the case before the government brings a lawsuit.
D) The defendant has to be tried by the application of the Section 32(a) of the Securities
Exchange Act of 1934 first.