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A finder holds goods commonly sold in the market. The owner refuses on demand to pay the finder’s…

Section 169 permits sale of goods commonly sold if the owner cannot be found with reasonable diligence or refuses the finder’s lawful charges on demand, and the goods are in…

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A finder holds goods commonly sold in the market. The owner refuses on demand to pay the finder’s lawful charges. If the goods are in no danger of perishing or losing most of their value, what proportion of their value must the charges reach for the finder to sell under section 169 of the Indian Contract Act, 1872?

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Answer and explanation

Correct answer D

Section 169 permits sale of goods commonly sold if the owner cannot be found with reasonable diligence or refuses the finder’s lawful charges on demand, and the goods are in danger of perishing or losing most of their value or the charges amount to two thirds of the value. The facts rule out the danger ground.

Option feedback

Option A

One quarter falls short of two thirds.

Option B

One half falls short of two thirds.

Option C

One third falls short of two thirds.

Option D

Two thirds is the statutory amount for the charges ground.

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