The position of a finder of lost goods is that of a ........

Indian Contract Act (ICA)1872 Pledge and Bailment

The position of a finder of lost goods is that of a ______________

Bailor

Bailee

Surety

Principal debtors

- When someone finds lost goods, their legal position is compared to that of a bailee.

- A bailee is a person who temporarily has possession of goods belonging to someone else, with a duty to look after them.

- A bailor is the person who owns the goods and gives them to the bailee.

- A surety is someone who guarantees another person's debt or performance.

- Principal debtors are people who owe money or need to do something under a contract.

- The law requires a finder of lost goods to take care of them and make an effort to find the rightful owner.

The correct answer is:

Option:2, Bailee

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