Innocent Purchaser - Law Dictionary Search Results
innocent purchaser
Matched in: Term innocent purchaser
Restitution of stolen goods
(unless they be negotiable instruments) notwithstanding that the guilty party may have sold them for value to an innocent purchaser [see s. 24 (1), Sale of Goods Act, 1893], but see MARKET OVERT; a sum not exceeding the … sale out of the moneys taken from the guilty party on his apprehension may be delivered to such innocent purchaser. The order is suspended pending an appeal by s. 6 of the Criminal Appeal Act, 1907; see R.
ownership
apparent rather than actual and that sometimes is recognized in cases of purchase of the property by an innocent third party [a dispute arising from the dealer's ostensible ownership and sale of the collateral] NOTE: A purchaser
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