I found an iPhone 5. Can I sell it?

I found an iPhone left on the train. There's no contacts in it, so it must be fairly new. Its logged in on a Apple ID account and is with Sprint network.

Can I sell it? Or do I have to reset it first? If so, how do I reset it?

Maybe you should delete first because the recent users information still might be on there. To reset go to settings then go to general and at the very bottom it should say reset.

To be honest selling it would be classified as stealing by law as it is not your property
I you want to set it to factory reset and take out the sim first and if you sell it to a Business I wouldn't tell them you found it.

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