SC Auctioneer Practice Questions - South Carolina Licensed Auctioneer Exam

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An auctioneer sells an item at auction, but the buyer later discovers the item was stolen. Under South Carolina law, who has superior title?

The buyer, because they paid fair market value The rightful owner, because a thief cannot pass good title, and subsequent purchasers receive only the title the seller had The auctioneer, because they facilitated the sale Whoever has physical possession of the item

Correct Answer:

The rightful owner, because a thief cannot pass good title, and subsequent purchasers receive only the title the seller had

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