Practice question
A deposited found movable would deteriorate and preservation costs would considerably reduce its value. A finder insists719 requires it always remain unsold regardless of loss. Which is correct?
- 719 provides a public-auction mechanism eight days after publication for the stated situation
- Perishable goods can never be sold
- The finder may privately sell it immediately without the process
- The mayor automatically becomes the owner
- Deterioration cancels every statutory duty
Legal references
- Civil Code RA386: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html Articles716–719; no special animal, wildlife or cultural-property issue assumed.
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