Jared owns 100 acres of woodland. One day, he and Margie are hiking through Jared's woods and Margies finds a gold ring. The true owner is never discovered. Which of the following statements about this situation is correct?
A. Because of the ring was found on Jared's property, he is probably entitled to keep it.
B. Margie found the ring, and since the true owner is unknown the ring is now belongs to her.
C. By law, Margie needs to return the ring to the spot where she found it, just in case the true owner returns for it.
D. The ring must be sold and the profit is split evenly between Jared and Margie.
Seems like the ring is someone's lost property. The finder of a lost item could claim the right to possess the item against any person except the true owner or any previous possessors.
The Answer is B . Margie found the ring, and since the true owner is unknown the ring now belongs to her.
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