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Which of the following methods of obtaining personal property will give the recipient ownership of the property?

Lease ; Finding abandoned property
1) Yes - Yes
2) Yes - No
3) No - Yes
4) No - No

User GNG
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1 Answer

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The correct answer is option 1) Yes - Yes.

Leasing personal property typically involves a contractual agreement between the owner of the property and the person who is leasing it. The lease agreement specifies the terms of the lease, such as the duration of the lease, the rental payment, and the conditions under which the property can be used. The person who is leasing the property does not own the property, but they have the right to use it for the duration of the lease.

Finding abandoned property can also give the finder ownership of the property, depending on the laws in the jurisdiction where the property is found. In some cases, abandoned property may be considered lost or mislaid property, and the finder may be required to make reasonable efforts to locate the owner before claiming ownership. However, if the finder follows the appropriate legal procedures and no owner comes forward, they may be able to claim ownership of the property.
User Ruslan  Gabbazov
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