Site navigation

A finder takes possession of lost goods commonly sold in trade. The owner cannot be found with…

Section 169(2) allows sale on the charges ground when the lawful charges amount to two-thirds of the item’s value. Section 169(1) separately addresses danger of perishing or…

Choose your answer

A finder takes possession of lost goods commonly sold in trade. The owner cannot be found with reasonable diligence or refuses on demand to pay the finder’s lawful charges. Under section 169 of the Indian Contract Act, 1872, what fraction of the item’s value must those charges reach for the finder to sell it on the charges ground?

Select one answer
Answer and explanation

Correct answer C

Section 169(2) allows sale on the charges ground when the lawful charges amount to two-thirds of the item’s value. Section 169(1) separately addresses danger of perishing or losing the greater part of its value.

Option feedback

Option A

One-half is below the two-thirds threshold.

Option B

One-third is below the threshold.

Option C

Two-thirds is the fraction specified in section 169(2).

Option D

One-quarter is below the threshold.

Practice for these exams

Related question papers

Related exam syllabi

Related questions in this topic