As the owner of the realty on which Ed left his wallet,what are Larry's property rights as they relate to Ed's wallet?
A) Larry has no rights to the wallet and is obligated to either find Ed and return it or turn the wallet over to the proper authorities.
B) Larry has the right to hold Ed's wallet until Ed returns to the store to claim it,but may not sell it or otherwise transfer it to another person.
C) Larry has the right to give the wallet to another person as a gift,but may not receive consideration in return for the transfer.
D) Larry has the right to keep the wallet for his own personal use,as he is the owner of the realty on which Ed left the wallet.
E) Larry has the right to sell the wallet immediately,because he is a merchant of goods of that kind.
Correct Answer:
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