Abstract This paper examines business law regarding abandoned property by the federal government.
From the Paper "According to Todd Stimmel, writing in "Business Credit," abandoned property is property of which the owner has intentionally given up possession under circumstances evincing intent to give up ownership. Abandonment means the owner intentionally placed the property out of his possession with the intent to relinquish ownership of it. A finder who takes possession with the intent to claim ownership acquires ownership rights to the property. The owner who abandoned the property has no further rights to it."
Tags: abandoned property, disguard, business law, business, navy, lost, law