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    Question

    Which of the following is not true about Transfer of

    property defined as per s. 5 of the Transfer of Property act___________________
    A Covers past present and future transactions Correct Answer Incorrect Answer
    B Living person may include a company or an association Correct Answer Incorrect Answer
    C Living person conveys property to one or more living persons Correct Answer Incorrect Answer
    D Living person may transfer property to himself and one or more other living persons Correct Answer Incorrect Answer

    Solution

    5. тАЬTransfer of propertyтАЭ defined in the following sections тАЬtransfer of propertyтАЭ means an act by which a living person conveys property, in present or in future, to one or more other living persons, or to himself, or to himself and one or more other living persons; and тАЬto transfer propertyтАЭ is to perform such act.

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