The finder of goods has a right of .................... over the goods for his expenses.
Lien
Under Sec. 168 of the Indian Contract Act, 1872, the finder of goods has no right to sue the owner for compensation for trouble and expense in finding the owner, but may retain the goods against the owner until he receives the lawful charges.
This right of retaining the goods until lawful charges are paid is a right of lien. A lien is the right to hold another's property as security until a debt or charge is paid.
Care, equality and warn are not rights of a finder over the goods; the finder is in fact bound to take care of the goods as if they were his own under Sec. 71.
Hence, the answer is Lien.
Similar Questions
In bank guarantee, the number of parties involved in the agreement are ..................... .
Unless there is .................., there can be no contract.
Which one of the following is not an essential element of a valid contract as per section 10 of Indian Contract Act ?
Which of the following is not an example of implied consent for discharge of contract ?
Which among the below is essential for a valid contract of agency ?
Read Assertion (A) and Reason (R) and with the help to codes given below, point out the correct explanation :
Assertion (A) :
An acceptance is to a proposal what a lighted match is to a train of gunpowder.
Reason (R) :
Acceptance converts the offer into a promise and then it is late to remove.
Breach of contract can result in for :
A supplies the wife and children of B, a lunatic, with necessaries suitable to the style of their living. Whether A can claim the reimbursed from B’s property under which section of certain relations resembling those created by contract ?
The right of the power to redeem back the goods pledged continued till :
A frustrated contract is :
Important Questions from Indian contract acts, 1872
Which is the term used for a contract where both the parties to the contract have fulfilled their obligations under the contract?
As per Section 73 of the Indian Contract Act, 1872, in estimating the loss or damage arising from a breach of contract, what must be taken into account?
As per the Indian Contract Act, 1872, the revocation of a continuing guarantee by the death of a surety operates:
In bank guarantee, the number of parties involved in the agreement are ..................... .
Unless there is .................., there can be no contract.
