1,Historically, the law has viewed animals as personal property. As a result, when a pet...

50.1K

Verified Solution

Question

Accounting

1,Historically, the law has viewed animals as personal property. As a result, when a pet is wrongfully killed, its owner can only recover the cost of replacing the animal. Some groups have challenged this view, arguing that animals are fundamentally different from other forms of personal property. Do you agree? How should the law address the ownership of animals?

2, After a baseball game, Randy cannot find his car in the stadium parking lot. For the life of him, he cannot remember where he parked. He wanders down row after row for an hour, and then another hour. Eventually, he gives up and calls a cab. Is Randys car lost, abandoned, or mislaid? If Randy never returns to reclaim the car, who owns it?

3, If there has been no account activity for an extended period of time, state laws require banks to turn the customers property over to the state. State treasurers or comptrollers are responsible for holding the abandoned or lost property, which often includes money, watches, jewelry, and rare coins from abandoned safe deposit boxes. What rules should govern this property? How long should citizens have to claim it? What should the government do with unclaimed property?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students