Explain who is entitled to the currency

Assignment Help Business Law and Ethics

Reference no: EM131390886

Plaintiff, Heath Benjamin (Benjamin), found more than $18,000 in currency inside the wing of an airplane. At the time of this discovery, State Central Bank (State) owned the plane and it was being serviced by Lindner Aviation, Inc. (Lindner). Benjamin at the time was employed by Lindner and was conducting a routine annual inspection of the plane.

As part of the inspection, Benjamin removed panels from the underside of the wings. Although these panels were to be removed annually as part of the routine inspection, a couple of the screws holding the panel on the left wing were so rusty that Benjamin had to use a drill to remove them. Benjamin testified that the panel probably had not been removed for several years.

Inside the left wing Benjamin discovered two packets approximately four inches high and wrapped in aluminum foil. He removed the packets from the wing and took off the foil wrapping. Inside the foil was approximately $18,000, tied in string and wrapped in handkerchiefs.

The money was eventually turned over to the Keokuk police department. No one came forward within twelve months thereafter claiming to be the true owner of the money. Explain who is entitled to the currency.

Reference no: EM131390886

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