john steals an old, battered bicycle that is parked, unlocked, in front of a convenience store. he repairs, paints, and replaces parts on the bike until it is like new. the original owner, kim, claims the bike. the bike belongs to john and kim as owners in common. john because he made substantial improvements to it. john because kim claimed it only after john improved it. kim because john stole it.

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A dilapidated, old bicycle that was parked in front of a convenience store unlocked is stolen by John theft bike . He makes the bike look brand new by performing repairs, painting, and part replacements.

In the United States, approximately 188,500 bicycles are reported stolen annually on average, an astounding number when one also takes into account the number of unreported thefts. Cities in the US are beginning to take action against bicycle theft. Bicycle thieves seek to sell stolen bikes for a price near to their "fair market value" and have the tools necessary to cut locks. To get the greatest money, thieves often take bicycles from the streets and sell them on internet marketplaces. Unfortunately, whether it resides in your garage, a secure lockup, or a rack outside.

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