Multiple choice

To be competent to transfer property it is not essential that

  1. person be major

  2. person be sound mind

  3. person is competent to contract

  4. transferable property of his own

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

Under Transfer of property act, 1882, it is not required that that person transferring property must be the owner of the property. Even an agent can transfer property of his principle.