[36] Colonel Buck Shot, a famous horse trader, purchased a Clodsdale horse bygiving the seller, Nan Natty, a worthless check. Buck immediately sold the horse toBud Wiser. Which of the following statements is true?A. Nan can rescind the sale and reclaim her horse.D. If Nan recovers her horse, she will be required to pay Buck and Bud for thehorse feed during the subject period.B. The outcome of a dispute would not be affected by whether Buck stole thehorse from Nan or obtained it by fraud.OC. Bud will prevail over Nan if he is an innocent purchaser for value.

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Answered: [36] Colonel Buck Shot, a famous horse…

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