Then they found the bike. Returned it. Transaction complete. What are they liable for other than returning the bike? Certainly not liable or responsible for third party transactions where they had zero knowledge.
If Randy was reasonable, he would have compensated the buyer of the bike the value of the bike he didn't have. That way, when the shop returned the bike, Randy could sell it again, at the value of the bike. Any loss of money is entirely on Randy.
Legally, yes, on point
#1 . But there was a point in between it being lost and found that Randy would have had a very fair reason to be extremely upset at the shop.
Compensation would have been a smart move -
but, since neither of us were there, perhaps there was something that made compensation a bit awkward. I can't flatly come out and put it all on Randy's shoulders without having seen it firsthand.
-Kurt