📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    Sale is a Transfer of ownership in exchange of?

    A price paid or promised Correct Answer Incorrect Answer
    B price partly paid or partly promised Correct Answer Incorrect Answer
    C price paid Correct Answer Incorrect Answer
    D all of the above Correct Answer Incorrect Answer

    Solution

    As per. Transfer of Property Act, 1882 S. 54. “Sale” defined.—“Sale” is a transfer of ownership in exchange for a price paid or promised or part-paid and part-promised.

    Practice Next
    ask-question