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 responsibilities 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 is treated as a bailee under the law. This means they owe the same duties of care and responsibility as someone who voluntarily took custody. They must take reasonable care of the goods and make reasonable efforts to find the true owner. They cannot claim ownership or sell the goods.