B is known in the trade as a trader and merchant of soybeans. A entrusts a load of soybeans to B for storage in B's warehouse. Secretly, B delivers the goods to an ocean carrier in return for a bill of lading. B then sells the document covering a shipment of soybeans to C, who has purchased soybeans from B in the past. C pays for the document through its bank. B absconds with the money. In this
case:
A) B is guilty of a crime under the Uniform Commercial Code.
B) C is probably not a good faith purchaser.
C) C takes paramount title.
D) B and the carrier are liable for a conspiracy to commit fraud.
C
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