Question
On 1 February 2013, Safariland purchases 1,000 hectares of undeveloped natural land called Freelands, an area of land in central Africania, for $10,000,000, with the
On 1 February 2013, Safariland purchases 1,000 hectares of undeveloped natural land called Freelands, an area of land in central Africania, for $10,000,000, with the aim of establishing an ecotourism business. The property is not fenced and adjoins a national park on all its boundaries except the western boundary, where Freelands adjoins privately owned undeveloped land that is currently unused. A wide range of indigenous plants and wild animals (including significant numbers of buffalo, crocodile, giraffe, hippopotamus, leopard, lion, and a wide variety of antelope) inhabit Freelands and the surrounding lands. Law in Africania specifies that wild animals are the property of the owner of the land that they occupy.
Question: Are the wild animals on Freelands assets of Safariland?
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