Legal Question in Business Law in India

Case Study 01 : Erid has four pet white rats which have been trained to dance together as a group. They escape from their cage. Erid places an advertisement in the local newspaper describing the rats and promises to pay �1,000 for each rat to anyone who returns the rats to him. Beatrice, Erid's neighbour, finds one of the rats. She keeps it warm and well fed in a shoe box overnight and then takes it to Erid's house. But, before she can reach the house, the rat escapes from the shoe box, runs away from her and then wriggles through a hole back into Erid's house. Charles searches diligently for the rats for two days. He spends �10 on bus fares travelling to different parts of the city. When he finds one of the rats, he takes it home with him and does not immediately return it. David finds another rat. Unfortunately, it has been savaged by a fox and is now dead. David takes the corpse to Erid, who refuses to pay him anything. Ethel, Erid's sister, finds another rat in her room. She gives the rat to Erid, who refuses to pay her anything. Erid decides that, as one of the rats is dead, there is no point reassembling them as a dancing group. Accordingly, he places the leaflets about the city cancelling the promise of a reward. Charles does not see the leaflets and returns the rat he found to Erid later that day. Erid refuses to pay him anything.

Task 01: Advice Erid to overcome the hurdles before him.

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