While at work in her office, Ruby lost her ring last month. Ruby searched everywhere for it, but did not locate the ring. Her colleage, Jade, located the ring when cleaning out their shared office. The ring was wedged behind a few boxes.Jade does not know who the owner of this ring is, and she assumes that she can keep it for herself.

What are the rules regarding mislaid or lost property? Do you feel that Jade has a right of ownership forthis ring? Why or why not?

Answer in regards toBusiness property concepts, personal property and bailments