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(1) Jessica found a valuable ring on the sidewalk as she was entering a local caf. She showed it to the manager, who told her

(1) Jessica found a valuable ring on the sidewalk as she was entering a local caf. She showed it to the manager, who told her to leave it with him. He promised her that he would display it in the hope that the owner would claim it. Instead, he advertised it in a local newspaper, offered it for sale to the highest bidder, and sold it for $400, the highest bid he received. The ring, however, had a fair market value of $500. Based on these facts, Jessica...

o Could recover the ring from the buyer.

o Could recover $500 from the owner of the caf

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