asked 83.0k views
0 votes
property that an owner has discarded with the intent to relinquish his or her rights in it is known as ________ property.

1 Answer

7 votes

Answer:

The property that an owner has discarded with the intent to relinquish his or her rights in it is known as "abandoned" property.

Step-by-step explanation:

Abandoned property refers to items or assets that an owner has intentionally discarded or left behind with the intention of relinquishing ownership rights. Once property is abandoned, the owner no longer has any legal claim or control over it. Abandoned property can include physical objects, land, or even intellectual property. It typically becomes available for others to claim or for the government to take possession of, depending on the relevant laws and regulations in a particular jurisdiction.

answered
User Ricardo Costa
by
8.4k points