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Which section of the Transfer of Property Act, 1882 specifically deals with exchange of money?

Section 121 deals specifically with exchange of money. Each party warrants the genuineness of the money that party gives.

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Which section of the Transfer of Property Act, 1882 specifically deals with exchange of money?

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Answer and explanation

Correct answer C

Section 121 deals specifically with exchange of money. Each party warrants the genuineness of the money that party gives.

Option feedback

Option A

Section 118 defines exchange generally.

Option B

Section 119 concerns a party deprived of the thing received because of a defect of title.

Option C

Section 121 specifically addresses exchange of money.

Option D

Section 120 addresses parties' rights and liabilities in exchanges generally.

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