Q149
Section 43 of the Transfer of Property Act, 1882 enables a transferee to whom a transferor has made a fraudulent or erroneous representation to lay hold, at his option, of any interest:
A.
Which the transferor may subsequently acquire in property, provided it does not adversely affect the right of any subsequent purchaser for value without notice
AnswerB.
Which the transferee may rescind the proceeding
C.
Which both transferor and transferee rescind
D.
None of the above
Answer: Option A
Solution
Answer: Option A
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