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CHAPTER 3

Law of Finders and Prior Possessors

As noted in the first two chapters, possession is important in determining persons' relative rights to things. Although familiar sayings such as “possession is nine-tenths of the law” and “finders keepers, losers weepers” are inaccurate as statements of the law, they do echo the law's recognition that a person in possession of a thing has greater rights to that thing than do most other persons.

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