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Under Transfer of Property Act, which of the following is not recognised as a valid consideration for…

Natural love and affection may motivate a gift but is not valuable consideration for a transfer for consideration. Movable property can be consideration in an exchange, and…

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Under Transfer of Property Act, which of the following is not recognised as a valid consideration for transfer of property?

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Answer and explanation

Correct answer A

Natural love and affection may motivate a gift but is not valuable consideration for a transfer for consideration. Movable property can be consideration in an exchange, and services to be rendered periodically can be rent under section 105. The answer does not mean that a gratuitous gift motivated by affection is invalid: section 122 expressly recognises gifts without consideration.

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