Mona found a wallet on the floor of an elevator in the office building where she

Question

Mona found a wallet on the floor of an elevator in the office building where she worked. She posted several notices in the building about finding the wallet, but no one appeared to claim it. She waited for six months and then spent the money in the wallet in the belief that she owned it. Jason, the person who lost the wallet, subsequently brought suit to recover the money. Mona's defense was that the money was hers because Jason did not claim it within a reasonable time after she posted the notices. Is she correct? (Assume the common law applies.)

Explanation / Answer

whatever she did is correct, according to the law the found person should protect and safeguard atleast for 90 days. later they can use it, if the owner of the asset claim it.

in the given case she waited for 6 months, and later she consumed it. so, she is correct legally and morally also. and she also follow the procedures informed to many, put some notices but failed to find. so, here she is correct and no legal actions can be found on her.

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