What if the descendants of the ring come forward

Reference no: EM131350684

A 10 karat emerald ring was found on a sunken ship from the year 1622 by divers off the coast of Florida. The ship sank due to a hurricane. The ring is valued at $500,000. What sort of property is the ring? Lost, abandoned, or mislaid? Why? Who owns the ring at this point? What if the descendants of the ring come forward?

Reference no: EM131350684

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