{"id":1828,"date":"2024-03-05T15:23:45","date_gmt":"2024-03-05T15:23:45","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=1828"},"modified":"2024-03-05T15:23:45","modified_gmt":"2024-03-05T15:23:45","slug":"the-provision-as-to-exchange-of-money-has-been-provided-under-which-of-the-following-sections-of-t-p-act","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-provision-as-to-exchange-of-money-has-been-provided-under-which-of-the-following-sections-of-t-p-act\/","title":{"rendered":"The provision as to ‘exchange of money’ has been provided under which of the following sections of T.P. Act ?"},"content":{"rendered":"

[amp_mcq option1=”Section 118″ option2=”Section 119″ option3=”Section 121″ option4=”None of the above” correct=”option4″]<\/p>\n

The correct answer is (d). None of the above.<\/p>\n

The provision as to ‘exchange of money’ is not provided under any of the sections of the Transfer of Property Act, 1882. The Transfer of Property Act is a law that governs the transfer of property in India. It does not contain any provision for the exchange of money.<\/p>\n

Section 118 of the Transfer of Property Act deals with the transfer of property by a person who is not the owner. Section 119 deals with the transfer of property by a person who is the owner but does not have the power to transfer it. Section 121 deals with the transfer of property by a person who is the owner and has the power to transfer it, but the transfer is void.<\/p>\n

The exchange of money is a contract in which two parties agree to exchange goods or services for money. The contract is not governed by the Transfer of Property Act, but by the Indian Contract Act, 1872.<\/p>\n","protected":false},"excerpt":{"rendered":"

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