When two persons transfer ownership of o

CUET Preparation Today

Start Free Mocks

Home Questions 9FGKQD3B65

Target Exam

CUET

Subject

Legal Studies

Chapter

Topics of Law

Question:

When two persons transfer ownership of one thing for the ownership of another, it is called as?

Options:

Sale

Exchange

Transfer of Property

Any of the above

Correct Answer:

Exchange

Explanation:

When two persons transfer ownership of one thing for the ownership of another, it is called as exchange.