Bram Finds a Tablet on the Counter at Coffee Shoppe

question 41

Multiple Choice

Bram finds a tablet on the counter at Coffee Shoppe.He takes the tablet to the police station's lost and found desk.The officer at the desk tells Bram that if the tablet is not claimed in a certain amount of time,Bram can obtain title to it.This is an example of acquiring possession by 

• A) ​an estray statute. 
• B) ​a bailment. 
• C) ​confusion. 
• D) ​production.

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Definitions:

Strategy Making

The process of defining an organization’s direction, making decisions on allocating its resources to pursue this strategy, and ensuring alignment of actions with strategic goals.

Strategic Management

The process of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives and gain a competitive advantage.

Big Picture

An overall or comprehensive view or perspective of an issue or situation, considering all relevant factors and potential implications.

Strategy

A comprehensive plan created to achieve long-term goals within an organization, involving the allocation of resources to capitalize on opportunities or manage threats.