Select the True Statement Regarding the Criteria Used by Courts

question 28

Multiple Choice

Select the true statement regarding the criteria used by courts to make determinations about intent to abandon property.

• A) The presence of one factor alone will not generally lead to a finding of abandonment.
• B) An apartment and the contents of the apartment cannot be considered abandoned if there is still time remaining on the lease.
• C) With respect to abandonment of objects, courts can rely on the length of time the item has been left unattended to determine whether the object has been abandoned.
• D) A person's garbage is always considered abandoned.

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Definitions:

New Businesses

The act of founding, starting, and nurturing new companies or ventures.

Fraud

The intentional deception or misrepresentation made by an individual or entity for personal gain or to damage another.

Deception

The act of misleading or lying to others, creating false impressions or beliefs, often used to achieve personal gain or to hide something.

Embezzlement

The act of withholding assets for the purpose of conversion of such assets, by one or more individuals to whom the assets were entrusted.