Target Exam

CUET

Subject

Legal Studies

Chapter

Topics of Law

Question:

A gives his Car to B. B accepts the car, but does not pay anything in return for the car. This is known as ______.

Options:

Sale 

Lease 

Exchange 

Gift

Correct Answer:

Gift

Explanation:

The correct answer is Option (4) → Gift

A gift is a voluntary transfer of property from one person (the donor) to another (the donee) without receiving anything in return. In this scenario, A is giving the car to B without expecting any payment, making it a gift.