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Sometimes, a person finds certain goods belonging to some other persons. In such a case, the finder
  • a)
    becomes the owner of the goods and can use them
  • b)
    is under a duty to trace the true owner and return the goods
  • c)
    can sell the perishable goods if true owner cannot be found
  • d)
    both (b) and (c)
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Sometimes, a person finds certain goods belonging to some other person...
Ownership of Found Goods
When a person finds certain goods belonging to someone else, the legal ownership and responsibilities may vary depending on the circumstances. In general, the finder is under a duty to take certain actions.

Duty to Trace the True Owner

  • The finder is under a duty to make reasonable efforts to trace the true owner of the goods.

  • This may involve checking for any identifying information or contacting local authorities to report the found goods.

  • The finder should also consider posting lost and found notices in public places or online platforms.

  • If the true owner is located, the goods should be returned to them.


Selling Perishable Goods

  • If the true owner cannot be found or identified, and the goods are perishable in nature (such as food or flowers), the finder may have the right to sell or dispose of them.

  • This is to prevent the goods from going to waste or becoming a health hazard.

  • However, the finder should still make reasonable efforts to locate the true owner before selling the goods.


Conclusion
In summary, when a person finds goods belonging to someone else:


  • The finder is under a duty to trace the true owner and make reasonable efforts to return the goods.

  • If the true owner cannot be found or identified, and the goods are perishable, the finder may have the right to sell or dispose of them.

  • It is important for the finder to act responsibly and ethically in handling found goods.

Free Test
Community Answer
Sometimes, a person finds certain goods belonging to some other person...
It is a case of quasi contract. Finder of lost goods has the same obligations as if he were a Bailee.
His duties are
1. To take proper care of property as a man of ordinary prudence would do
2. should not appropriate the goods
3. return if the true owner is found

In case of perishable goods, he can sell it but must return the amount earned on sale to the true owner when he is found
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Sometimes, a person finds certain goods belonging to some other persons. In such a case, the findera)becomes the owner of the goods and can use themb)is under a duty to trace the true owner and return the goodsc)can sell the perishable goods if true owner cannot be foundd)both (b) and (c)Correct answer is option 'D'. Can you explain this answer?
Question Description
Sometimes, a person finds certain goods belonging to some other persons. In such a case, the findera)becomes the owner of the goods and can use themb)is under a duty to trace the true owner and return the goodsc)can sell the perishable goods if true owner cannot be foundd)both (b) and (c)Correct answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Sometimes, a person finds certain goods belonging to some other persons. In such a case, the findera)becomes the owner of the goods and can use themb)is under a duty to trace the true owner and return the goodsc)can sell the perishable goods if true owner cannot be foundd)both (b) and (c)Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Sometimes, a person finds certain goods belonging to some other persons. In such a case, the findera)becomes the owner of the goods and can use themb)is under a duty to trace the true owner and return the goodsc)can sell the perishable goods if true owner cannot be foundd)both (b) and (c)Correct answer is option 'D'. Can you explain this answer?.
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