A man is approached by a second man on the street who offers him a “deal of a lifetime” on stereo equipment. He guides him to the back of a van where for $200 he sells him stereo equipment that normally retails for $2,000. The goods were stolen but the seller never asked and the buyer never told. According to the law used in most states, is the buyer guilty of receiving stolen goods?
Yes, he should have reasonably known that the goods were stolen.
Yes, goods worth more than $1,000 must be purchased in a licensed store.
No, he did not know for a fact that the goods were stolen.
No, he paid for the goods.