Mabel Was Employed as a Waitress at a Respectable Restaurant

question 40

Multiple Choice

Mabel was employed as a waitress at a respectable restaurant in Vancouver.After cleaning up one of the tables,she noticed a valuable brooch on the floor beneath the table.Which of the following is correct with respect to her legal claim to the brooch?

• A)Because of the principle of "finders keepers," Mabel gets to keep the brooch even against the original owners who lost it.
• B)Mabel must hand the brooch to the police,and if the rightful owner does not come forward,the brooch becomes the property of the government.
• C)Mabel has no claim to the brooch no matter where she found it.
• D)As the finder of the brooch,Mabel is entitled to it.She has a prior claim against all but the rightful owner of the brooch.
• E)Although Mabel found the brooch in a public part of the restaurant,she must give the brooch to her employer,who has the right to keep it if the rightful owner is not found.

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Definitions:

Restructuring of Debt

The process of renegotiating the terms of loans or obligations to provide relief to the borrower, often by extending payment terms or reducing interest rates.

Forgiven Debt

Debt that a creditor has agreed to cancel and not collect from the debtor.

Turnaround Situation

A scenario in which a company or organization reverses a period of decline or poor performance and begins to succeed.

Banking Relationship

Refers to the interactions and services between a bank and its customers, including loans, account management, and financial advice.