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A finder of lost goods can sell the goods :

  • A.Where the expenses incurred exceeds 2/3 of its value
  • B.Where the goods are of perishable nature
  • C.Either (A) or (B)
  • D.Both (A) and (B)

Answer: D

The key gives Both (A) and (B).

Section 169 of the Indian Contract Act lets a finder sell the goods when the owner cannot with reasonable diligence be found, or refuses the finder's lawful charges, in two situations: when the thing is in danger of perishing or losing most of its value, and when the lawful charges of the finder amount to two-thirds of its value.

The key reads 'Both' as both of these situations being recognised grounds of sale. Either ground is enough on its own, so 'Either (A) or (B)' expresses the same law; the key prefers the option that names both grounds.

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