AIBE question and official answer

AIBE III 2012 Question 71

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Question 71 of 100 AIBE III 2012 Set Common

Which of the following Statements most accurately describes the relationship between 'vested interests' and 'contingent interests' with respect to the law governing transfer of property in India?

  1. A Contingent interest is a subset of vested interest.
  2. B Vested interest is a subset of contingent interest.
  3. C A vested interest becomes a contingent interest upon the occurrence of certain contingent events.
  4. D A contingent interest becomes a vested interest upon the occurrence of certain contingent events. Official answer
  5. E A vested interest is the same as a contingent interest.

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