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According to Section 5 of the Transfer of Property Act, 1882 the term “living person” includes:-

Section 5 includes a company, association or body of individuals, whether incorporated or not, within living person. It is not limited to natural human beings or to…

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According to Section 5 of the Transfer of Property Act, 1882 the term “living person” includes:-

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Correct answer C

Section 5 includes a company, association or body of individuals, whether incorporated or not, within living person. It is not limited to natural human beings or to supposedly important companies.

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