Section 41 of the Transfer of Property Act, 1882 is the statutory application of the law of:
Section 41 protects a transferee for consideration who deals with an ostensible owner, where the true owner’s express or implied consent created that appearance and the…
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Correct answer B
Section 41 protects a transferee for consideration who deals with an ostensible owner, where the true owner’s express or implied consent created that appearance and the transferee takes reasonable care and acts in good faith. It embodies estoppel against the consenting true owner. Waiver, res judicata and res sub judice concern different doctrines.
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