Q443
Where in a Transfer of Property, an interest is created absolutely in favour of any person though the terms of the transfer direct that such interest shall be applied or enjoyed by him in a particular member:
A.
He shall be entitled to receive and dispose of such interest as if there were no such direction
AnswerB.
He shall not be entitled to interest
C.
He shall be entitled to interest subject to terms and conditions
D.
None of the above
Answer: Option A
Solution
Answer: Option A
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