Practicing Success
Which of the following Act deals with the 'movable property' in India? |
Sale of Goods Act Transfer of Property Act Both 1 and 2 None of the above |
Sale of Goods Act |
Matters relating to property are governed by the Transfer of Property Act, 1882 in India. The object of the Transfer of Property Act (called the ´TPAµ under the unit of Property Law) is to regulate the transfer of property between living persons. It shall also serve as the code of contract law governing immovable property. The Transfer of Property Act, 1882 provides clarity on the subject: it is a systematic and uniform law on the transfer of immovable property in India. Movable property is one which can be transferred from one place to another and is governed by the Sale of Goods Act. |