Q191
A make a gift of Rs. 80,000 to B, but A reserves right with B's consent to take back at pleasure Rs. 30,000. What will be legal status of gift?
A.
Gift is valid
B.
Gift is void
C.
Gift is voidable
D.
Gift is valid up to Rs. 50,000
AnswerAnswer: Option D
Solution
Answer: Option D
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