Which term describes a person who has title to the property, possession of the property, or a greater right to possession than the actor, or is a holder in due course of a negotiable instrument?

• A. Public Servant
• B. Possession
• C. Owner
• D. Penal Institution

Answer: (C)

Ownership means having the rights to property, not just physical control. The term describes the person who has title to the property, actually possesses it, or has a greater right to possess than the actor. It also covers someone who is a holder in due course of a negotiable instrument, who is treated as having the rights to collect value free of most defenses. Because ownership encompasses title, possession, and superior rights (including the holder in due course for instruments), it best fits the description. The other options don’t capture this breadth: public servant and penal institution are unrelated to who holds ownership, and possession only describes control, not ultimate rights.