Unformatted text preview: Arnie, a sales associate, found his coat. What kind of found property is bill’s wallet? What kind of property is his jacket? What rights do Sue and Arnie have in the found property? The wallet would be considered lost property since it was accidentally given up. Sue should turn the wallet over to the mall since they are the owners of the land the wallet was found and they should give every effort to contact Bill to return his wallet to him. Sue would have no rights to the wallet. The leather jacket found by Arnie would be considered Mislaid property and Arnie would not have any rights to the jacket and it should be turned over to the department store so that they can try to find the rightful owner of the jacket, Bill....
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- Spring '09