The old saying "finders keepers, losers weepers" is a reliable way of predicting the legal rights of those who find personal property that originally belonged to or still belongs to another person.

Question

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The saying "finders keepers, losers weepers" is not a reliable way of predicting legal rights. In reality, laws vary depending on the circumstances of the item being found and the location where it was found. Generally, the finder has a duty to try to locate the rightful owner and return the item if possible, and if the item is not returned, it may be considered theft or lost property.

The Old Saying "Finders Keepers, Losers Weepers" Is a Reliable