9. Competing Rights

Question 1

2 competing principles of Nemo Dat

Answer 1

1) protect property rights -> protected by nemo dat

2) protect commercial transactions -> most exceptions protect these

Question 2

What are the exceptions to Nemo Dat?

Answer 2

1) Money (only when cash used as currency)

2) Agents

3) Estoppel

4) Buyer or Seller in possession

5) Voidable title

6) Market Overt

Question 3

When do exception to Nemo Dat apply?

Answer 3

When competing interest is acquired by an innocent buyer.