All Questions
4
questions
2
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5
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Assuming a one trillion dollar coin exists, and is stolen, is there are sequence of events that could lead to someone legally owning it?
A funny (and seemingly legal, if absurd) proposal during the current debt ceiling debate is to mint a one trillion dollar platinum coin and deposit it with the Treasury to reduce the debt below the ...
- 138
3
votes
2
answers
292
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Why isn't a casino forced to return funds lost by an embezzler?
If person A steals something, say a bicycle, and sells it to me (I have no knowledge that the bicycle was stolen) the law says I must return the bike to its rightful owner without any compensation - ...
- 141
1
vote
2
answers
253
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Are gift cards considered currency or an object?
In the eyes of the IRS, are gift cards viewed as an object or as currency? Like if I were to accept gift cards as payment for items I sell in an online store, am I accepting dollars or am I trading ...
- 133
1
vote
1
answer
759
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How can a cash sale result in a voidable title?
§ 2-403. Power to Transfer; Good Faith Purchase of Goods; "Entrusting".
Please look at the statute above. It is fairly short. There is a link to it here: https://www.law.cornell.edu/ucc/2/2-403
I am ...
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