Identity the correct proposition

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Identity the correct proposition:

A. A decree is not exempted from registration under section 17(2) of the Registration Act, 1908

B. A consent decree purporting to create a gift does not require registration under section 17(1)(a) and is not exempt from registration under section 17(2) of the Registration Act, 1908

C. A consent decree purporting to create a gift does not require registration under section 17(1)(a) and is not exempt from registration under section 15(2) of the Registration Act, 1908

D. A consent decree purporting to create a gift is exempted from registration under section 17(2) of the Registration Act, 1908

Answer: Option B

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