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