Within the meaning of section 120 of the Transfer of Property Act, 1882, the parties to an exchange, each have the rights and liabilities of a seller of the thing given and a buyer of the thing taken whereas:
A. The provision of section 55 applies to an exchange of land
B. Provision of section 55 applies to batter of movable goods
C. Provision of section 55 applies to sale of land
D. Provision of section 55 applies to exchange also
Answer: Option A
Related Questions on 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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