Thursday, June 06, 2013

Position Finder of Goods under Indian Contract Act

Position Finder of Goods under Indian Contract Act
Brief review of quasi contract
There are certain situations wherein certain persons are required to perform an obligation despite the fact that he hasn’t broken any contract nor committed any tort. For instance, a person is obligated to restore the goods left at his home, by mistake, and keep it in good condition. Such obligations are called quasi-contracts.

68 to 72 provide for five kinds of quasi-contractual obligations: 
1. Supply of necessities [s.68] 
2. Payment by interested persons [s.69] 
3. Liability to pay for non-gratuitous acts [s.70] 
4. Finder of goods [s.71] 
5. Mistake of coercion [s.72]
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