Mary Ann purchased a second-hand Subaru from Unfriendly Motors Ltd., a used car dealership, under a conditional
Question:
Mary Ann purchased a second-hand Subaru from Unfriendly Motors Ltd., a used car dealership, under a conditional sale agreement. Mary Ann used the car for several months and made her payments regularly. When she had only two instalments left to pay, the car was towed out of her driveway and delivered to The BigMoney Corp. The tow truck driver explained that The Big Money Corp. instructed him to repossess the vehicle. MaryAnn had never heard of The BigMoney Corp. before. When she telephoned them, they informed her that they were "repossessing" the vehicle under a prior, properly registered security agreement under Personal Property Security Act they held, and that their debtor had fraudulently sold the car to Unfriendly Motors Ltd. Mary Ann wants to make a claim but is not sure what to do and who is responsible.
Case Name
Cause Issued explained
Reasoning
Risk Reduction
Expert Answer:
Case Name Mary Anns Repossessed Subaru Cause Issued Repossession and Ownership Dispute Reasoning Based on the provided information the situation invol... View the full answer
