Pollard found a valuable first edition that someone had dropped on the street. She took the book home, placing it with others in a collection of first editions. The owner’s name could not be found in the lost book, and Pollard made no effort to locate the owner. Did she thus have title to the book? Explain. [See: Doe v. Oceola, 270 N.W.2d 254 (MI).]
If Pollard has found a valuable first edition that someone had dropped on the street, then Pollard shall hold the same responsibility and duty as that of a Bailee in this regard. She is further supposed to take same amount of care as one should have in case of an owner. However, in the event of being able to trace the real owner of the book, she is also supposed to return the same to the owner. In case Pollard refuses to return, then a conversion liability could be charged upon her.
Ideally, it is also her duty to take genuine efforts to lodge a complaint with Police to look for the owner of that book, failing which it could be only deemed as a theft and not make her have the Title of the Book.
Pollard found a valuable first edition that someone had dropped on the street. She took the...
Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...