Ram transfers a house worth rupees five lakhs to Shyam in lieu of a field worth rupees two lakhs and rupees three lakhs as cash. This transfer is:-
A. A sale
B. An exchange
C. Neither a sale nor an exchange
D. A settlement
Answer: Option B
A. A sale
B. An exchange
C. Neither a sale nor an exchange
D. A settlement
Answer: Option B
A. Section 13
B. Section 14
C. Section 15
D. Section 16
Case of "Raj Kumar Kundu v. Mcqueen" is related to
A. Lis pendens
B. Part performance
C. Mortgage
D. Ostensible owner
A. Transfer by ostensible owner of the property for consideration
B. Transfer by owner of the property in which a widowhas life interest for maintenance
C. Both A and B
D. Neither A nor B
Which property cannot be transferred?
A. A public office
B. A mere chance to succeed
C. A mere right of re-entry
D. All of the above
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