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Match List I with List II and select the correct answer by using the Code given below the lists: List I (Provisions): A. Transfer in perpetuity B. W
Question

Match List I with List II and select the correct answer by using the Code given below the lists:
List I (Provisions):

A. Transfer in perpetuity

B. When an unborn person acquires a vested interest on transfer for his benefit C

. Transfer by ostensible owner

D. Transfer by co-owner

List II (Sections of TPA):
1. Section 20
2. Section 18
3. Section 44
4. Section 41
Code: A B C D

A.

1 2 4 3

B.

2 1 4 3

C.

1 4 2 3

D.

4 2 3 1

Correct option is B

The correct matching is:
· A. Transfer in perpetuity - Section 18
· B. When an unborn person acquires vested interest on transfer for his benefit - Section 20
· C. Transfer by ostensible owner - Section 41
· D. Transfer by co-owner - Section 44
Information Booster:
· Section 18 deals with the rule against perpetuities.
· Section 20 specifies when an unborn person can acquire vested interest.
· Section 41 covers transfers made by ostensible owners.
· Section 44 relates to transfers by co-owners.

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