Discussion
Based on the statements and conclusions given below, select the correct option.
Statements:-
I. Transfer of property means an act by which a living person conveys property in present or in future to one or more other living persons or to himself and one or more other living persons and to transfer property is to perform such act.
II. Living person includes a company or association or body of individuals.
Conclusions:-
I. Transfer of property has been discussed Transfer of Property act – 1882.
II. Living person includes only a body of individuals.
Answer: D
Neither conclusion follows, according to the key. Statement II says that a living person includes a company, an association or a body of individuals, and Conclusion II says that it includes only a body of individuals, which contradicts the statement, so it cannot follow.
Conclusion I says that the transfer of property is discussed in the Transfer of Property Act, 1882. Statement I gives the definition but does not name the Act, so the keyed reading treats the Act's name as a fact the statements do not supply. The definition is in fact in Section 5 of the 1882 Act, so a reviewer may wish to check this key.
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