A security within the meaning of section 101 of the Transfer of Property Act, 1882, may be extinguished by merger:
A. By the merger of a lower in a higher security
B. By the merger of a lessor estate in a greater estate
C. By the merger of a lower in a higher security and by the merger of a lesser estate in a greater estate
D. Merger of a higher security
Answer: Option C
This Question Belongs to Law >> Transfer Of Property Act
Join The Discussion