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The Ultimate Hypothetical

Coinguys A & B buy a coin as partners at a coin show. It is quite a rip, worth much more than they paid. Both pay half for it. The coin is then stolen from collector A.

Q. How much, if any, does A owe B?

The coin is later recovered and returned to A.

Q. Now, who owes what to whom?

Comments

  • BarndogBarndog Posts: 20,509 ✭✭✭✭✭
    no $ changes hands as the coin has been recovered and returned to its rightful owners
  • sweetwillietsweetwilliet Posts: 2,315 ✭✭✭
    A owes B exactly what B paid for it. Once recovered, B can re-buy his share for exactly the amount he was refunded. Everyone will be happy again.
    Listen. Strange women lying in ponds distributing swords is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not from some farcical aquatic ceremony.
    Will’sProoflikes
  • Conder101Conder101 Posts: 10,536
    First question: He owes him nothing. Since they were co-owners, if it was stolen from one of them (the owner) it was stolen from both of them. (This is assming no gross negligence on the part of the owner it was stolen from.)

    Second question: since nothing was owed or paid as the resultof the first question, the return merely re-establishes the status quo.
  • More details are needed---meanwhile put A in jail for receiving stolen property. Judge Judy will straighten it out !

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