Author: Roy Badami 2015-01-20 21:49:52
Published on: 2015-01-20T21:49:52+00:00
The concept of custodial relationship in financial laws is defined as having the ability but not the right to dispose of an asset. This means that if someone leaves their window open and cash on the desk visible from the street, every passerby now has a custodial relationship with them. However, the example of a malicious software update seems more like theft rather than a true custodial relationship.
Updated on: 2023-06-09T15:41:44.116238+00:00