Finder of goods

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MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam Finder of Goods from Quasi Contract Indian Contract Act 1872

Transcript of Finder of goods

Page 1: Finder of goods

MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

Finder of Goods

from Quasi ContractIndian Contract Act 1872

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Finder of Goods

Sec 71 of Indian Contract Act 1872

Same responsibility as a bailee

MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

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Duties of Finder of Goods

1. Proper Care as if own good

2. Not to use it

3. Return to the owner, When traced

MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

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1. Perishable goods

2. Expense exceeding ⅔ rd of the Goods value.Right to retain

MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

Rights of Finder of Goods

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