BLW 273 Business Law I Personal Property © 2010 Darren A. Prum, MBA, JD.

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Presentation transcript:

BLW 273 Business Law I Personal Property © 2010 Darren A. Prum, MBA, JD

BLW 273 Personal Property Personal Property versus Real Property Personal Property versus Real Property © 2010 Darren A. Prum, MBA, JD

BLW 273 Personal Property Acquiring Ownership Acquiring Ownership Conversion Conversion Production Production Gifts ( inter vivos & causa mortis ) Gifts ( inter vivos & causa mortis ) © 2010 Darren A. Prum, MBA, JD

BLW 273 Personal Property Mislaid/Lost/Abandoned Property Mislaid/Lost/Abandoned Property Mislaid Mislaid Lost Lost Abandoned Abandoned © 2010 Darren A. Prum, MBA, JD

BLW 273 Personal Property Bailments Bailments Bailee (person receiving the property) Bailee (person receiving the property) Rights Rights Duties Duties © 2010 Darren A. Prum, MBA, JD

BLW 273 Personal Property Bailments (continued) Bailments (continued) Bailor (person giving the property) Bailor (person giving the property) Duties Duties Special Situations Special Situations © 2010 Darren A. Prum, MBA, JD