Which of the following Section of the Indian Contract Act provides that the responsibility of finder of goods is similar to that of a bailee ?

Haryana Judicial Service (Civil Judge) Prelims 2013 Previous Year Question Papers with MCQ Answers

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56.

Which of the following Section of the Indian Contract Act provides that the responsibility of finder of goods is similar to that of a bailee ?

A: 69

B: 70

C: 71

D: 72

The answer is: C

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Explanation

The correct option is C: 71.

Section 71 of the Indian Contract Act, 1872 states that:

"A person who finds goods belonging to another, and takes them into his custody, is subject to the same responsibility as a bailee."

This means that the finder of goods has to take reasonable care of the goods, return them to the true owner when found, and not use them for his own benefit or dispose of them without the owner's consent. The finder of goods also has some rights as a bailee, such as the right to retain the goods until he is compensated for his expenses and trouble, the right to sue the owner for reward if any was promised, and the right to sell the goods in certain cases of necessity or benefit.