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Misappropriated Items Lost And Repayed For, And Subsequently Found
What is my liability as regards misappropriated items lost and repayed for and subsequently found?
If items wrongfully taken and subsequently lost had been compensated for and then found, there are two options: 1) if the compensation is equal to or greater than the market value (at the time of misappropriation) the item is not returned; 2) if the compensation is less than the market value (at the time of misappropriation) the original owner decides whether to take the item or accept the compensation as it is. For lost or unclaimed property, or property found on one’s premises, the property should be returned to its rightful owner.

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