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Section 169 of the Indian Contract Act, 1872 deals with:

Section 169 of the Indian Contract Act concerns a thing commonly the subject of sale. The owner must be unfindable with reasonable diligence, or if found must refuse lawful…

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Section 169 of the Indian Contract Act, 1872 deals with:

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Section 169 of the Indian Contract Act concerns a thing commonly the subject of sale. The owner must be unfindable with reasonable diligence, or if found must refuse lawful charges on demand. In addition, the thing must face perishing or loss of most of its value, or the lawful charges must amount to two-thirds of its value. These are combined conditions, not independent alternatives.

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