1. Sidney Price purchased a house from Edith Lucky. Instead of living in the house, Sidney...
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1. Sidney Price purchased a house from Edith Lucky. Instead of living in the house, Sidney leased it to the Frank family. Mr. Frank, who had an aversion to gardening, called the Happy Tree Horticultural Company to prepare and plant his flowerbeds. While digging in the garden, one of the workers, Jack Oakes, discovered a metal box containing an esti- mated $60 000 in gold coins. Now Jack could finally buy the new Corvette he had always wanted. Or could he? Mr. Franks claims that he owns the coins because he is the occupi- er of the property. On the other hand, when Sidney Price learned of the hidden treasure chest, he claimed that the coins legally belonged to him as the rightful owner of the prop- erty. When the news of the buried treasure hit the newspaper, Edith Lucky, a relative of the original owner, asserted her title to the gold coins because her grandfather's will stat- ed that there was "a treasure worth a King's ransom" buried somewhere on the homestead. The Lucky family had dismissed any notion of a buried treasure as simply a practical joke of old Gramps. Jack Oakes's employer, Stan Stefaniuk, also claimed the coins because Jack was in his employ at the time they were found. Does Jack Oakes get his Corvette? Or does Sidney Frank, Edith Lucky, the Frank fam- ily or Stan Stefaniuk win ownership of the gold coins? (a) Divide into discussion groups to unanimously decide who should be awarded the gold coins. Each group should place in order the individuals with a claim to ownership, from the strongest to the weakest legal claim. (b) Compare each group's findings and reasoning. (c) Discuss in 300-500 words how this case involving domestic personal property law and the ownership of found money is comparable to international law principles gov- erning sovereignty claims to disputed territory. 1. Sidney Price purchased a house from Edith Lucky. Instead of living in the house, Sidney leased it to the Frank family. Mr. Frank, who had an aversion to gardening, called the Happy Tree Horticultural Company to prepare and plant his flowerbeds. While digging in the garden, one of the workers, Jack Oakes, discovered a metal box containing an esti- mated $60 000 in gold coins. Now Jack could finally buy the new Corvette he had always wanted. Or could he? Mr. Franks claims that he owns the coins because he is the occupi- er of the property. On the other hand, when Sidney Price learned of the hidden treasure chest, he claimed that the coins legally belonged to him as the rightful owner of the prop- erty. When the news of the buried treasure hit the newspaper, Edith Lucky, a relative of the original owner, asserted her title to the gold coins because her grandfather's will stat- ed that there was "a treasure worth a King's ransom" buried somewhere on the homestead. The Lucky family had dismissed any notion of a buried treasure as simply a practical joke of old Gramps. Jack Oakes's employer, Stan Stefaniuk, also claimed the coins because Jack was in his employ at the time they were found. Does Jack Oakes get his Corvette? Or does Sidney Frank, Edith Lucky, the Frank fam- ily or Stan Stefaniuk win ownership of the gold coins? (a) Divide into discussion groups to unanimously decide who should be awarded the gold coins. Each group should place in order the individuals with a claim to ownership, from the strongest to the weakest legal claim. (b) Compare each group's findings and reasoning. (c) Discuss in 300-500 words how this case involving domestic personal property law and the ownership of found money is comparable to international law principles gov- erning sovereignty claims to disputed territory.
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a Discussion Groups and Ownership Claims Ranking Group 1 1 Edith Lucky 2 Sidney Price 3 Frank Family 4 Jack Oakes 5 Stan Stefaniuk Group 2 1 Sidney Price 2 Edith Lucky 3 Frank Family 4 Jack Oakes 5 St... View the full answer
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date:
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