Transfer Of Property Act MCQ question and answer

41

Liability of drawer to compensate the drawee in case of dishonor is primarily provided under:

A) Section 29(a) B) Section 29 C) Section 30 D) Section 31

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Answer & Solution

Answer: Option C

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42

Within the meaning of section 40 of the Transfer of Property Act, 1882, the purchaser at a court sale:

A) Is not a transferee by operation of law B) Is a transferee by operation of law C) Is a transferee by operation of law and is not a transferee within the meaning of section 40 D) None of the above

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Answer & Solution

Answer: Option C

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43

A mortgagee permitted by the deed to appropriate the usufruct for interest on the principal is by the provisions of section 77 of the Transfer of Property Act, 1882:

A) Except from liability to account for the usufruct B) Not exempted from liability to account for the usufruct C) Exempt from interest only D) None of the above

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Answer & Solution

Answer: Option A

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44

Under Transfer of Property Act, the expression 'Transfer of Property' includes

A) Partition B) Surrender C) Family arrangement D) None of these

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Answer & Solution

Answer: Option D

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45

Which one of the following transfers can be made orally?

A) Lease from year to year B) Surrender of lease C) Exchange of immovable property exceeding rupees one hundred D) Simple mortgage

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Answer & Solution

Answer: Option B

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46

When the mortgagor is a trustee to the public purpose, there is:

A) Estoppel B) No estoppel C) No such provision prevails in law D) None of the above

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Answer & Solution

Answer: Option B

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47

Where the property subject to a mortgage belongs to two or more persons having distinct and separate rights to ownership therein, then the different shares in or parts of such property owned by such persons are:

A) Not liable to contribute retably to the debt secured by the mortgage B) Liable to contribute retably to the debt secured by the mortgage C) Liable to contribute interest part only D) None of the above

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Answer & Solution

Answer: Option B

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48

Under the Transfer of Property Act, 1882, vested interest is . . . . . . . .

A) Defeated by the death of the transferor B) Defeated by the death of the transferee C) Either or both A and B D) Neither A nor B

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Answer & Solution

Answer: Option D

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49

A lease can be made

A) For a certain period only B) For perpetuity only C) None of the above D) A and B both

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Answer & Solution

Answer: Option D

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50

Provision of Section 53A of the Transfer of Property Act, 1882 the rights of following transferee for consideration, shall not be affected

A) Who is a gratuitous transferee B) Who has notice of the contract C) Who has no notice of the contract D) Whether he has notice of the contract or no notice of the contract

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Answer & Solution

Answer: Option C

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Transfer Of Property Act MCQ question and answer | Law MCQ question