Multiple choice

A person who finds goods belonging to another and takes them into his custody

  1. becomes the owner of those goods thereafter

  2. is subject to the same responsibility as a bailee

  3. is allowed to sell them and retain the money realized from such sale

  4. has no obligation to return those goods, he may do so only as a good gesture

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A finder of goods becomes a bailee and is subject to the same responsibilities as a bailee under law. This means they must take reasonable care of the found goods, make reasonable efforts to find the true owner, and return the goods. They do not become owner, cannot sell the goods, and have a legal obligation to return them.