Question

Finder of goods can sell the goods found, if the lawful charges of finder, amount to ______ of the value of goods.

• A. 2/3rd
• B. 1/3rd
• C. 1/4th
• D. 2/5th

Answer 1

The correct option is A 2/3rd

Section 169, Indian Contract Law, 1872, states, "When finder of thing commonly on sale may sell it.—When a thing which is commonly the subject of sale is lost, if the owner cannot with reasonable diligence be found, or if he refuses upon demand, to pay the lawful charges of the finder, the finder may sell it— "

(1) when the thing is in danger of perishing or of losing the greater part of its value, or

(2) when the lawful charges of the finder, in respect of the thing found, amount to two-thirds of its value.