What is the responsibility of the finder of goods?

Same responsibility as a bailee
Same responsibility as a trustee
Same responsibility as a pledgee
Same responsibility as the owner

The correct answer is: A. Same responsibility as a bailee.

A bailee is a person who is in temporary possession of goods belonging to another person. The finder of goods is considered to be a bailee of the goods, and has the same responsibility as a bailee to take reasonable care of the goods and to return them to the owner.

A trustee is a person who holds property or money for the benefit of another person. A pledgee is a person who has possession of goods as security for a debt. The finder of goods is not considered to be a trustee or a pledgee, and does not have the same responsibilities as a trustee or pledgee.

The finder of goods has the following responsibilities:

  • To take reasonable care of the goods. This means taking steps to protect the goods from damage or loss.
  • To try to find the owner of the goods. The finder can do this by advertising the goods, or by contacting the police or a lost property office.
  • To return the goods to the owner if the owner is found.
  • To pay any reasonable expenses incurred in taking care of the goods.

If the finder does not take these responsibilities, they may be liable to the owner of the goods for any loss or damage caused.