1a. One day while walking through Brender Park, Jim had a big fight with his fia
ID: 420149 • Letter: 1
Question
1a. One day while walking through Brender Park, Jim had a big fight with his fiancé, Glenda. At the conclusion of the fight, Jim told Glenda the wedding was off and demanded the ring from Glenda. Glenda refused and ran off crying. She took the ring off of her finger and thought she put it in her pocket, but it actually fell to the ground under some bushes. She made no attempt to find the ring. Four months later Jim read this ad in the local paper classifieds: "Found yesterday diamond ring in Brender Park near duck pond. Call Dave at 555-5555."
What is the correct classification of the ring for determining ownership?
A
-Abandoned property
B
-Mislaid property
C
-Prescribed property
D
-Lost property
1b. Who acquires ownership of the ring if it is not claimed?
A
-The finder, Dave
B
-Jim, because mislaid property cannot be acquired by prescription
C
-Dave, but only if he gives Jim written notice
D
-Glenda, assuming the ring was a conditional gift
1c. How long does the finder need to keep the ring before acquiring ownership?
A
-It is already his because of accession
B
-60 days
C
-10 days
D
-30 days
1d. What would the finder need to do in order to keep the ring? Assume Florida law.
A
-Turn it in to the police and pay for the advertisement
B
-Have the ring appraised
C
-Place a sign at the location where it was found
D
-Give the ring to a neutral party until the 45 days are up
1e. Will Jim be able to get the ring back?
A
-Yes, if he calls Dave before six months are up
B
-Yes, because the ring was lost and he has 60 days to prove ownership
C
-No, because it is too late to get the ring back
D
-No, because Glenda is the true owner of the ring
1f. Does Glenda have any claim to the ring?
A
-Yes, if she can prove ownership
B
-Yes, because Dave has actually committed larceny
C
-No, because the ring is community property
D
-No, because the time has expired for her to make a valid claim
A
-Abandoned property
B
-Mislaid property
C
-Prescribed property
D
-Lost property
Explanation / Answer
1a) C. It is the prescribed property. As the property specific and belongs Jim who has given a gift to his fiance . He might be possessing the receipt of same.
1b)
A. If anybody don't claim for a ring then obiviously a ring is belongs to Dave , because he aleardy given a add to a newspaper regarding a ring.
1c)
D. according to the american law , founder that is Dave keep the ring for 30 days only.
1d).
A. according to Florida Law , finder turn it to the police and pay for the advertisement.
1e) C. According to American law , Jim has only 30 days time to claime property if he don't do so the title to the property shall vest with the law enforcement agency., after 30 days he doesn't have rights to claim for the ring so that it is too late to get the ring back.
1f)A. yes, if she can prove ownership for the ring then off course she can make claim to the ring.
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