Multiple choice

Universal donee is

  1. not liable for any debt or liability

  2. personally liable for all debts and liabilities existing at the time of gift

  3. only liable for half of the liabilities

  4. only liable for one-third of liabilities

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Section 128 of the Transfer of Property Act, 1882, where a gift consists of the donour's whole property, the donee is personally liable for all debts due by and liabilities of the donour at the time of the gift to the extent of the property comprised therein.