Universal donee is:
A. Not liable for any debt or liabilities
B. Donee is personally liable for all debts to liabilities existing at the time of gift
C. Donee is only liable for half of the liabilities
D. Donee is only liable for the one-third of liabilities
Answer: Option B
This Question Belongs to Law >> Transfer Of Property Act
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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