Author Question: If a maintenance employee at a hotel finds a pocketbook with 500 in cash while cleaning an empty ... (Read 109 times)

jake · **on:** Jun 24, 2018

If a maintenance employee at a hotel finds a pocketbook with 500 in cash while cleaning an empty guest room, the employee:
A) is entitled to keep the property, because the employee has the legal status of a finder.
B) must give the property to the manager of the hotel to be kept for the owner.
C) must place an advertisement in a local newspaper, and if the property is not claimed within seven (7 ) business days, the employee is entitled to keep it.
D) can retain possession of the property until the owner establishes ownership.

Question 2

The difference between a contract with earnest money and an option is:
A)The contract is enforceable.
B)The option can be revoked at any time.
C)The option is not a contract for purchase and sale.
D)The option need not be in writing.