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Why is the good faith purchaser for value able to enjoy special protection from the rights of a secured creditor with a perfected security interest under the Uniform Commercial Code?
Wiki User
∙ 14y ago
this question makes no seance. good faith purchase only apply when you buy something from someone that had tittle to good, but tittle was from dishonesty, from impersonating, or a bad check, and you bought the goods from that person for fair market valued, and you get to keep the goods is the store or someone tries to reclaim their stuff.
maybe i am wrong and i don't understand your question, but that's what good faith purchase is.
Wiki User
∙ 14y ago
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