Vidyalelo
Commerce · Q62

Business and Commerce

Graduate and Post Graduate · Commerce · question 62

Q62

When the name of the transferee is not filled in not filled in the transfer deed, without filling in the name of the transferee it is called _______.

A.
option dealing
B.
forward dealing
C.
blank transfers
Answer
D.
carry over

Answer: Option C

Solution

Answer: Option C
Solution:
A transfer signed by the transferor, but with a blank for the name of the transferee is called a blank transfer. In a blank transfer neither the transferee’s name and signature nor the date of sale are filed in the transfer form. The transferee is at liberty to sell it again without filling his name and signature to a subsequent buyer.