Highlight two important principles of the above maxim
Important principles of the above maxim
The principle to protect the interest of the true owner of the goods. It was the case in Cundy v Lindsay & Co.
The principle of classical conflict between the interests of the owner and the bonafide purchaser which was enunciated by Lord Denning in Bishopsgate Motor Finance Corporation vs Transport Brakes Ltd
Consequently, if the goods had been obtained by fraud and the seller had a voidable title thereto, the buyer would acquire a voidable title even if he were not aware of the fraud. If the seller had a valid title, the buyer would get a valid title.
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