Q114
As per Section 122 of the 'Transfer of Property Act' "Gift" means
A.
The transfer of certain existing movable property made by donor to donee
B.
The transfer of certain existing immovable property made by donor to the donee
C.
The transfer of property by donor to donee on certain consideration
D.
The transfer of certain existing movable or immovable property made voluntarily and without consideration by one person, called the donor, to another, called the donee and accepted by or on behalf of the done
AnswerAnswer: Option D
Solution
Answer: Option D
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