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COMPLETED GIFT?A gift cannot be taken backafter three requirementsare met. What are therequirements of acompleted gift?Rewards and Reimbursement To be entitled to a reward, you mustknow about the offer when you return the property. If you learn aboutthe reward after returning the property, you are not entitled to it.Misplaced PropertyIf property is found in a public or semi-public place, it is consideredmisplaced rather than lost. The owner will probably recall whereit was left and return for it. If you find an article in such a place, youshould leave it with the proprietor or manager. The proprietor must notknowingly allow misplaced property to be taken by anyone other thanthe rightful owner.Example 3. While trying on a dress, Alice found a purse in a fittingroom of the Fashion Dress Shop. She immediately gave thepurse to the owner of the store. Alice was not entitled to keep thepurse because she found it in a public area.Abandoned property is property that has been discarded by theowner without the intent to reclaim ownership. With some exceptions,anyone who finds abandoned property has the right to keep it and obtaingood title to it.Something that is found in a corridor or place where it was probablynot placed intentionally would be considered lost rather than misplaced.Stolen Personal PropertyA thief acquires no title to goods that are stolen and cannot givegood title to anyone else. An innocent purchaser who acquires a stolenChapter 17: Personal Property and Bailments 363