AIBE III 2012 Question 47 Answer

AIBE III 2012 Question 47

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Question 47 of 100 AIBE III 2012 Set Common

A, aged thirty-two years, executes a gift deed to transfer a plot of land to his daughter B, who is nine years old at that time. After ten years, B transfers the plot of land to her cousin C, aged seventeen years, for a discounted price of Rupees Twenty thousand only. Does C have valid title to the property?

A C has valid title to the property because both the first and second transfers were valid transfers, as the transferor in both cases was competent to contract.
B C has valid title to the property because in deeds relating to transfer of property, the transferee can be a minor.
C C does not have valid title to the property because B was not competent to contract in the second transaction.
D Whether C has valid title is to be ascertained by the Court on the basis of whether the discounted price is considered to be adequate consideration.
E C does not have valid title to the property because a minor can be a transferee only when there is no obligation on the minor to pay consideration for the transfer. Official answer