In which section of the Transfer of Property Act, 1882 is transfer by an ostensible owner provided?
Section 41 protects a transfer for consideration by an ostensible owner whose status has the real owner’s express or implied consent, if the transferee takes reasonable care…
Choose your answer
In which section of the Transfer of Property Act, 1882 is transfer by an ostensible owner provided?
Answer and explanation
Correct answer B
Section 41 protects a transfer for consideration by an ostensible owner whose status has the real owner’s express or implied consent, if the transferee takes reasonable care to ascertain authority and acts in good faith.
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