Transfer Of Property Act - Study Mode

Show All Answers

[#396] Transfer of property in favour of an unborn person. When such person acquires interest in the property?

(A) On birth

(B) On attaining majority

(C) On attaining age of twenty one years

(D) In case of woman, after marriage

Correct Answer

(A) On birth

[#397] Consider the following statements regarding the distinction between lease and licence: (1) A lease is a transfer of an interest in land, whereas the licence does not create any interest in land (2) Both lessee and licence-holders can sue a trespasser in his own name (3) A lease can be assigned but a licence cannot be assigned (4) A lease cannot be revoked until the end of the term, but a licence, subject to certain exceptions, can be revoked Which one of the above statements is/are correct?

(A) Only 2

(B) 1, 3 and 4

(C) 1 and 4

(D) 2, 3 and 4

Correct Answer

(B) 1, 3 and 4

[#398] Subject matter of transfer by way of sale under the Transfer of Property Act can be:-

(A) Only immovable property

(B) Immovable property and movable property both

(C) Only movable property

(D) Only tangible immovable property

Correct Answer

(A) Only immovable property

[#399] Which provision of the Transfer of Property Act pertains to 'Rule against perpetuity'?

(A) Section 14

(B) Section 15

(C) Section 12

(D) Section 13

Correct Answer

(A) Section 14

[#400] The farm of Sultan pur is the property of C and worth Rs. 80000 A by an instrument of gift professes to transfer it to B giving by the same instrument Rs. 1,00,000 to C, A dies before the election B shall be:

(A) Entitled to get Rs. 20000 from C

(B) Entitled to get Rs. 80000 from C

(C) Entitled to get Rs. 80000 from A's representative

(D) Not be entitled to get any amount from anyone

Correct Answer

(C) Entitled to get Rs. 80000 from A's representative