|
"Possession is 99% of the law." I would assume this implies-whoever has POSSESSION of said article(s) would be the "their" in the previous statement. Therefore if said article(s) is in the hands of someone, would that not imply it becomes their possession?
One could argue, and reasonably so, that since said article(s), upon closer examination, may more readily be defined as an asset. In such a case, the holder of the asset becomes definable as a trustee. Therefore, the trustee is resposible for the maintanence of the assets but is in no way responsible for any loss or devaluation of the asset....just ask your broker.
|
Threaded Mode