Mehrabian traded in a Toyota 4Runner on a new Subaru Legacy, receiving a $14 000 credit. It

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Mehrabian traded in a Toyota 4Runner on a new Subaru Legacy, receiving a $14 000 credit. It turned out later that the 4Runner was stolen. This action is brought by the automobile dealer (Jen-Zam) to recover the $14 000 from Mehrabian. Mehrabian takes the position that he is completely innocent, knowing nothing of the vehicle being stolen. Assuming that he is innocent and sold the vehicle not knowing it was stolen; explain the arguments available to the parties as to their respective legal positions and the likely outcome of the action.

Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...
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