Multiple choice

A transfer can be made in favour of an unborn person.

  1. Yes, by machinery of trust.

  2. Yes

  3. Guardian has got to be appointed first.

  4. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

As per Section 13 of Transfer of property Act, 1882, where on a transfer of property, an interest therein is created for the benefit of a person not in existence at the date of the transfer, subject to a prior interest created by the same transfer.

 

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