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Law · Q721

Transfer Of Property Act

Graduate and Post Graduate · Law · question 721

Q721

A' makes a gift of Rs. 50,000 to 'B', A reserves right with B's consent to take back at pleasure Rs. 10,000 out of Rs. 50,000

A.
Gift is void
B.
Gift is valid
Answer
C.
Gift is valid upto Rs. 40,000 and void as to taking back Rs. 10,000
D.
Gift is voidable

Answer: Option B

Solution

Answer: Option B
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