According to section 5 of the Transfer of Property Act, 1882 'living persons' includes; A. A company B.…
The Explanation to Section 5 of the Transfer of Property Act, 1882 clarifies that 'living person' includes a company, association or body of individuals, whether…
Choose your answer
According to section 5 of the Transfer of Property Act, 1882 'living persons' includes;
A. A company
B. Association
C. Body of Individuals
D. An Individual
Answer and explanation
Correct answer D
The Explanation to Section 5 of the Transfer of Property Act, 1882 clarifies that 'living person' includes a company, association or body of individuals, whether incorporated or not, besides a natural individual, so the answer is "A, B, C and D".
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