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A finder holds lost goods that are commonly the subject of sale. Their owner cannot be found with…

Both situations permit a sale under section 169 of the Indian Contract Act, 1872, once the common conditions are satisfied. Danger of perishing and lawful charges reaching…

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A finder holds lost goods that are commonly the subject of sale. Their owner cannot be found with reasonable diligence or refuses, upon demand, to pay the finder's lawful charges. In which of the following situations can the finder sell the goods?
1. The finder's lawful charges amount to two-thirds of their value.
2. The goods are in danger of perishing.

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Answer and explanation

Correct answer D

Both situations permit a sale under section 169 of the Indian Contract Act, 1872, once the common conditions are satisfied. Danger of perishing and lawful charges reaching two-thirds of the goods' value are alternative grounds; they need not occur together.

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