What is a finder of lost goods? What are the rights and duties of a finder?

What is a finder of lost goods? What are the rights and duties of a finder?

A finder of lost goods is a person who discovers and takes possession of items that do not belong to them but appear to have been lost or misplaced by their rightful owner. The role of a finder is significant in balancing personal responsibility with legal and ethical considerations. Laws regarding the rights and duties … Read more

Discuss about Finder of Lost Goods

Discuss about Finder of Lost Goods

The term finder of lost goods designates an individual who comes across and takes possession of items that belong to another individual, without any prior ownership or claim to those items. Legal provisions delineate specific rights and responsibilities for the finder, ensuring that the legitimate owner can recover the items while also safeguarding the interests … Read more

Bailment and Pledge

Bailment and Pledge

When the owner of goods (the bailor) gives them to another party (the bailee) for a specific purpose, with the understanding that the goods will be returned or otherwise disposed of once the purpose has been completed, this is referred to as Bailment. As security for a debt or obligation, the bailor (the pledgor) delivers … Read more