Quote:
Originally Posted by SeaKing
If you purchase a boat from a seller for $1,000, give the seller a check, get a receipt, and then it turns out the boat was stolen, the police can come, get the boat from you, return it to the man it was stolen from, and arrest the seller. It is up to you and the courts to reclaim your $1,000 from the seller. You don't get to keep the boat.
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Would you be surprised to learn that that actually depends on your jurisdiction? In mine, if you buy from an authorised seller you become the new owner, no matter what. Just saying.