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
C. Gift is valid upto Rs. 40,000 and void as to taking back Rs. 10,000
D. Gift is voidable
Select an option to see the answer and solution.
Section 41 of the Transfer of Property Act Act, 1882 is the statutory application of the law of
A. Waiver
B. Estoppel
C. Res Judicata
D. Res Subjudice
Select an option to see the answer and solution.
Rule against double possibilities' was recognised in which one of the following cases?
A. Girijesh Dutt v. Datadin
B. Whitby v. Mitchell
C. Ardeshir v. Dadabhoy
D. Sopher v. Administrator General of Bengal
Select an option to see the answer and solution.
Whether a mortgagee under simple mortgage can take possession of the mortgaged property?
A. Yes
B. No
C. Only if court permits
D. None of the above
Select an option to see the answer and solution.
Under the provisions of the Transfer of Property Act, 1882 an unborn person acquires vested interest on transfer upon his birth, although
A. He may not be entitled to the enjoyment immediately on his birth
B. He is entitled after 7 days after his birth
C. No such provision is made
D. None of the above
Select an option to see the answer and solution.
B' is a lunatic 'A' supplies necessaries to 'B', his wife and his supplies necessaries to 'B', his wife and his children. 'A' is entitled to be reimbursed
A. From 'B' for the necessaries supplied to 'B' only
B. From 'B' for the necessaries supplied to 'B' and his family
C. From the property of 'B' for the necessaries supplied to 'B' and his family
D. A' is not entitled to any reimbursement
Select an option to see the answer and solution.
Match
List-I with
List-II and select correct answer using the given below the lists:
List-I
List-II
a. Premium
1. Mortgage
b. Universal done
2. Gift
c. Redemption
3. Lease
d. Purchaser
4. Sale
A. a-3, b-2, c-1, d-4
B. a-2, b-3, c-4, d-1
C. a-4, b-1, c-2, d-3
D. a-1, b-4, c-3, d-2
Select an option to see the answer and solution.
Transfer of Property Act:- "Transfer of Property" does not include?
A. Sale
B. Lease
C. Will
D. Gift
Select an option to see the answer and solution.
Under section 42 of the Transfer of Property Act, 1882 if a person has a right to transfer property, after exercising a right to revoke a previous transfer, a transfer of such property by him will imply an exercise of:
A. Right of revocation
B. Right of transfer
C. Right of surrender
D. None of the above
Select an option to see the answer and solution.
Section 56 of the Transfer of Property Act, 1882 deals with
A. Marshalling by subsequent purchaser
B. Contract for sale
C. Discharge of encumbrance on sale
D. None of the above
Select an option to see the answer and solution.
Section 36 of the Transfer of Property Act, 1882 is related to the
A. Doctrine of election
B. Doctrine of Cy-pres
C. Doctrine of accretion
D. Doctrine of apportionment
Select an option to see the answer and solution.
Fraudulent transfer is defined in-
A. Section 19, Transfer of Property Act
B. Section 21, Transfer of Property Act
C. Section 53, Transfer of Property Act
D. Section 35, Transfer of Property Act
Select an option to see the answer and solution.
A marriage settlement made to defeat and defraud creditor is voidable under section 53 of the Transfer of Property Act, 1882. This was held in case of:
A. Sultan Ahmad v. Rashid Ahmad, AIR 1990 All 47
B. Vinayak v. Mureshwar, AIR 1956 Punj 46
C. Alamelu Achie v. Meenakshi, AIR 1960 Mad 536
D. None of the above
Select an option to see the answer and solution.
A deed of gift is executed, attested and delivered to the donee. The donee accepted the gift. Before registration of the deed, the donor seeks to revoke the gift. Advise the donee-
A. It can be revoked as it was not registered
B. Gift is not complete, therefore, it is revocable
C. Gift is complete, the deed may be registered later on
D. He should wait till registration is done
Select an option to see the answer and solution.
Which one of the following provisions of the Transfer of Property Act provides that a person taking the benefit of instrument must also bear the burden?
A. Section 35
B. Section 34
C. Section 33
D. Section 32
Select an option to see the answer and solution.
A' owes money to 'B', who transfers the debt to 'C'. 'B', then demands the debt from 'A', who not having received notice of the transfer, as prescribed in Section 131 of Transfer of Property Act, pays B. The payment is
A. Void
B. Voidable
C. Valid and 'C' can sue 'A' for debt
D. Valid and 'C' cannot sue 'A' for the debt
Select an option to see the answer and solution.
The doctrine of election is applicable to:
A. Hindus
B. Muslims
C. Christians
D. All the above
Select an option to see the answer and solution.
In a simple mortgage, possession of the mortgaged property
A. Is given to the mortgage
B. Is given to a third party as security
C. Remains with the mortgagor
D. None of the above
Select an option to see the answer and solution.
Under Transfer of Property Act, which of the following is not recognised as a valid consideration for transfer of property?
A. Natural love and affection
B. Movable property
C. Service to be rendered periodically
D. All of these
Select an option to see the answer and solution.
For application of the doctrine of part performance, the agreement to transfer any immovable property must be
A. Oral
B. In writing only
C. In writing and signed by the transferor
D. In writing, signed and registered
Select an option to see the answer and solution.