A Riddle

[SweetPrettyAss]

A businesswoman decided to invest in gold. She bought a one pound bar of gold from a very reputable dealer in precious metals. It still seemed like less than a pound so she weighed it on her postal scale and found it was just over 13 ounces. Infuriated,she sued the dealer, claiming she had been cheated out of almost three ounces of gold. Would she prevail in her suit?

 

[Guest]

.....

 

[Liar]

However, one pound is approx. 14.5 Troy ounces.

 

[R. Richard]

A businesswoman decided to invest in gold. She bought a one pound bar of gold from a very reputable dealer in precious metals. It still seemed like less than a pound so she weighed it on her postal scale and found it was just over 13 ounces. Infuriated,she sued the dealer, claiming she had been cheated out of almost three ounces of gold. Would she prevail in her suit?

Definitions:
One pound avoirdupois = 7000 grains = 16 avoirdupois ounces
One pound troy = 5760 grains = 13.166 avoirdupois ounces

 

[Liar]

Definitions:
One pound avoirdupois = 7000 grains = 16 avoirdupois ounces
One pound troy = 5760 grains = 13.166 avoirdupois ounces

Ah. More confusing than I thought. No troy ounces then, but troy pounds?

 

[SweetPrettyAss]

Ah. More confusing than I thought. No troy ounces then, but troy pounds?

There are Troy ounces but they are 12 to a Troy pound, and are slightler heavier than an Advoirdupois onuce. Twelve Troy ounces is equal to slightly more than 13 Ad. ounces.

 

[Jenny_Jackson]

There are Troy ounces but they are 12 to a Troy pound, and are slightler heavier than an Advoirdupois onuce. Twelve Troy ounces is equal to slightly more than 13 Ad. ounces.

Leaving out all the arithmetic, I don't think in the U.S. she wouldn't prevail anyway unless the seller had given her a guarantee of "one pound" of gold with a strict definition of the pound measurement. The entire case is too vague to be sucessful.

This reminds me of too many cases of a "pig in a poke" having dragged through the courts and failed.

 

[Tom Collins]

If it was in the US, I think she and the dealer would be jailed. I could be wrong, but last I heard it was illegal to own gold bullion in the US. It's only supposed to be in the possesion of the feds.

Definitely could be wrong about that though. The law might have changed and I'm unaware of it having done so.

 

[R. Richard]

If it was in the US, I think she and the dealer would be jailed. I could be wrong, but last I heard it was illegal to own gold bullion in the US. It's only supposed to be in the possesion of the feds.

Definitely could be wrong about that though. The law might have changed and I'm unaware of it having done so.

In 1974, the US Government reversed earlier policy and voted to allow personal ownership of gold.