James works at Kay's Breakfast Café. After work, in the parking lot, James finds a diamond ring lost by Lani. Title to the ring is possessed by
A) James.
B) Kay's.
C) Lani.
D) the state.

Question

James works at Kay's Breakfast Café. After work, in the parking lot, James finds a diamond ring lost by Lani. Title to the ring is possessed by​
A) ​James.
B) ​Kay's.
C) ​Lani.
D) ​the state.

Quizplus · Accepted Answer

The possession of the diamond ring does not transfer ownership to James. Lani is still considered the rightful owner of the ring, therefore the title is possessed by Lani.

James Works at Kay's Breakfast Café