The Owner of the Place Where Property Was Mislaid Becomes

question 15

True/False

The owner of the place where property was mislaid becomes the caretaker of the property.​

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Definitions:

Breach

An act of breaking or failing to observe a law, agreement, or code of conduct, similar to a violation but often used in the context of contracts.

Contract

A legal agreement between two or more parties that creates obligations which are enforceable or recognized by law.

Mistake of Fact

A misunderstanding by one or more parties to a contract about a material fact that is essential to the agreement, which can sometimes render the contract voidable.

Rescission

The act of revoking, canceling, or annulling a contract, returning all parties to their statuses prior to the contract's formation.