Theona Thief stole an expensive watch from Valerie Victim. Theona then sold it through the classifed ads to Andy. Andy had no reason to know it had been stolen. Andy took it to a watch dealer to be cleaned and appraised. He left it at the dealer on May 2, and he was told it would be ready on May 6. On May 8, an employee at the watch store sold the watch to Billy. On May 10, Valerie Victim notices the watch on Billy’s wrist and demands its return. Who gets the watch?A) Theona
B) Andy
C) Billy
D) the watch dealer
E) Valerie

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.