New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following is true about a

    ‘Sale’?
    A Transfer of ownership Correct Answer Incorrect Answer
    B Can be made by a registered instrument if above Rs.100 Correct Answer Incorrect Answer
    C Can be made in exchange of price partly promised and partly paid. Correct Answer Incorrect Answer
    D All of the above. Correct Answer Incorrect Answer

    Solution

    As per section 54 of the Transfer of Property Act, 1882.

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