Paul steals an expensive watch from the local jewelry store

Paul steals an expensive watch from the local jewelry store

Paul steals an expensive watch from the local jewelry store.  He knows that Ken needs a watch at the time Paul stole the watch, he intended to sell it to Ken.  As he is leaving the jewelry store, he is apprehended by police.  Paul begs for mercy.  He states that he has an agreement to sell any watch that he may steal to Ken.  The pollice tell Paul that if he cooperates, his sentence will be lighter.  They give the watch back to Paul.  Paul meets Ken and shows Ken the watch.  Paul tells Ken the watch is stolen.  Ken buys the watch.  could Ken be convicted of receiving stolen property?  Is Paul guily of larceny?  Explain your responses.

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