Transfer Of Property Act - Study Mode

[#371] Which of the following gift is not governed by the Transfer of Property Act, 1882?
Correct Answer

(B) Mortis causa gift

[#372] Doctrine of election comes under chapter of the Transfer of Property Act, 1882-
Correct Answer

(B) II

[#373] A gift is statutorily not complete unless it is accepted by the donee such acceptance needs to be
Correct Answer

(D) Made during donor's lifetime and while the donor is still capable of giving

[#374] Where a person transfers property representing that he has a present interest therein, whereas he has, in fact, only a spes successionis, the transferee is entitled to the benefit of Section 43, if he has taken the transfer on the faith of that representation and for consideration as Section 43 and Section 6(a) operate on different fields. This principle was laid down in:-
Correct Answer

(C) Jumma Masjid, Mercara v. Kodimaniandra Deviah

[#375] Where mortgagee is entitled to enjoy the benefits of the mortgaged property in lieu of interest on debt, the mortgage is called
Correct Answer

(C) Usufructuary mortgage