A trademark is a visual representation of a name, word, label, device or numeric characters utilized by a business to differentiate its goods and/ or services from other similar goods and/ or services deriving from a different business. Trademark works as an exclusive identity of the goods and/ or services that a person is offering/ selling from other such goods/ services.

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According to the Section 71 of the Indian Contract Act, 1872, deals with the finder of goods. A finder of goods means ‘a person who finds goods’ that belongs to another and place them into his custody. The finder of the goods holds the same position as that of bailee and he is required to take care of goods in the same manner as is expected out of bailee under Section 151 of the Indian Contract Act, 1872.

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When a person (agent) acts on the behalf of another person (principal) without any authority to do so, then such person for who’s behalf the work has been done has the right to either ratify or disown his act. Under this section, the act says that when a person acts on the behalf of another without the authority to do so then another person can either approve his act or can disown his act.

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