The San Jose, the gold-laden 'holy grail of shipwrecks' article. This article is about a Ship that was sailing from Spain to North America back in 1708. The Ship was sunk by a British war ship as part of the War of Spanish Succession. The ship was laden with gold, silver, and emeralds as cargo and it was intended to be traded in the North American Spanish colonies that existed at the time for other items. The treasure was lost at sea when the ship was sunk over 300 year ago and was recently found near the coast of Columbia by the Woods Hole Oceanographic Institution, an organization that specializes in seeking out lost treasure. Think about the issues raised in this article and what is outlined in commercial law regarding lost and found property then answer the following: Who should get the sunken treasure, Spain, Columbia, or the Woods Hole Oceanographic Institution? Why? Feel free to argue whether the treasure should be split among these or other parties or completely given to one party.

The San Jose, the gold-laden 'holy grail of shipwrecks' article. This article is about a Ship that was sailing from Spain to North America back in 1708. The Ship was sunk by a British war ship as part of the War of Spanish Succession. The ship was laden with gold, silver, and emeralds as cargo and it was intended to be traded in the North American Spanish colonies that existed at the time for other items. The treasure was lost at sea when the ship was sunk over 300 year ago and was recently found near the coast of Columbia by the Woods Hole Oceanographic Institution, an organization that specializes in seeking out lost treasure. Think about the issues raised in this article and what is outlined in commercial law regarding lost and found property then answer the following: Who should get the sunken treasure, Spain, Columbia, or the Woods Hole Oceanographic Institution? Why? Feel free to argue whether the treasure should be split among these or other parties or completely given to one party.