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by runeks
4486 days ago
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Traditionally, this is not the case with money. The money asset is different from all other assets in this respect. This matter was settled in Scotland over 300 years ago. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2260952 The result is that even if you can prove that someone else holds a dollar bill that was stolen from you at some point, you do not necessarily have the right to get it back. See also the Wikipedia article on the principle of "Nemo dat quod non habet" ("no one gives what he doesn't have"): http://en.wikipedia.org/wiki/Nemo_dat_quod_non_habet |
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