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Under section 118 of the Transfer of Property Act, 1882, a transfer completing an exchange must follow…

Section 118 adopts the manner prescribed for a sale when completing an exchange. This does not make exchange identical to sale: the former involves reciprocal ownership…

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Under section 118 of the Transfer of Property Act, 1882, a transfer completing an exchange must follow the manner prescribed for which transaction?

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Answer and explanation

Correct answer C

Section 118 adopts the manner prescribed for a sale when completing an exchange. This does not make exchange identical to sale: the former involves reciprocal ownership transfers, while sale under section 54 involves a price. Partition and gift are therefore not the incorporated modes.

Option feedback

Option A

Partition divides existing joint rights; section 118 does not adopt its procedure.

Option B

The gift formalities are not the procedure incorporated by section 118.

Option C

Section 118 expressly adopts the manner prescribed for transfer of that property by sale.

Option D

Sale is expressly identified by section 118, so this residual choice fails.

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