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Principle: Property Consists of the Right to Possess, the Right to Use, the Right to Alienate, and the Right to Exclude Others. the Sale is Complete When the Property Gets Transferred -

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Question

Principle: Property consists of the right to possess, the right to use, the right to alienate, and the right to exclude others. The sale is complete when the property gets transferred from the seller to the buyer. 

Facts: ‘A’ sold his car to ‘B.’ B requested A to keep the car in his care on behalf B for one month. A agreed.

Options

  • The sale of the car is complete. 

  • The sale of the car is not complete. 

  • The sale will be completed when B keeps the car in his own care.

  • The sale will be automatically completed after the expiry of one month.

MCQ

Solution

The sale of the car is complete. 

Explanation:

The sale of the car is complete because A has already sold his car to B, which means the property has already been transferred to B from A and now it is the discretion of the property owner as to how he uses it. Therefore, B has decided to give his property to B for a limited time for safekeeping.

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Contract Law
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