Question: Objective Theory of Contracts Al and Rosemary Mitchell owned a
Objective Theory of Contracts Al and Rosemary Mitchell owned a small secondhand store. The Mitchells attended Alexander’s Auction, where they frequently shopped to obtain merchandise for their business. While at the auction, they purchased a used safe for $ 50. They were told by the auctioneer that the inside compartment of the safe was locked and that no key could be found to unlock it. The safe was part of the Sumstad estate. Several days after the auction, the Mitchells took the safe to a locksmith to have the locked compartment opened. When the locksmith opened the compartment, he found $ 32,207 in cash. The locksmith called the City of Everett Police, who impounded the money. The City of Everett commenced an action against the Sumstad Estate and the Mitchells to determine who owns the cash that was found in the safe. Who owns the money found in the safe? City of Everett, Washington v. Mitchell, 631 P. 2d 366, 1981 Wash. Lexis 1139 ( Supreme Court of Washington)
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