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1) At law, a finder who takes possession of lost personal property can assert ownership rights against everyone except its true owner. Should the rights
1) At law, a finder who takes possession of lost personal property can assert ownership rights against everyone except its true owner. Should the rights of the true owner expire after a period of time (such as 10 years) or should a true owner's rights continue to exist indefinitely? 2) The self-storage industry is growing rapidly as businesses and individuals need extra space to store their excess property. Does the rental of a storage locker fit the definition of bailment? Are there specific issues in this type of transaction that require a different set of rules from those in place for other bailment-type situations? 3) Commercial bailees generally try to minimise their liability in a standard form contract. They justify these low limits as a means of controlling risk and keeping their prices competitive. Is there a market opportunity for more generous liability terms? For example, could a storage business increase market share by accepting a greater risk of liability than its competitors and charging a higher price
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