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According to the Indian Contract Act, 1872, a finder of a lost thing commonly the subject of sale may…

The statutory charges threshold is two-thirds of the found thing’s value. Section 169 additionally requires that its owner cannot be found with reasonable diligence or…

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According to the Indian Contract Act, 1872, a finder of a lost thing commonly the subject of sale may sell it when the lawful charges in respect of the thing reach what proportion of its value?

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Correct answer D

The statutory charges threshold is two-thirds of the found thing’s value. Section 169 additionally requires that its owner cannot be found with reasonable diligence or refuses on demand to pay the lawful charges. It separately permits sale when the thing is perishing or losing most of its value.

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