. A makes a gift of Rs. 70,000 to B. A reserves right with B’s consent to take back at pleasure Rs. 20,000 out of Rs. 70,000:

Option A: Valid but condition is void

Option B: Void

Option C: Unlawful

Option D: Voidable

Correct Answer

Option: a

Explanation

When gift may be suspended or revoked.—The donor and donee may agree that on the happening of any specified event which does not depend on the will of the donor a gift shall be suspended or revoked; but a gift which the parties agree shall be revocable wholly or in part, at the mere will of the donor, is void wholly or in part, as the case may be. A gift may also be revoked in any of the cases (save want or failure of consideration) in which, if it were a contract, it might be rescinded. Save as aforesaid, a gift cannot be revoked. Nothing contained in this section shall be deemed to affect the rights of transferees for consideration without notice

Sample Mock Tests for Practice

THE HIMACHAL PRADESH URBAN RENT CONTROL ACT, 1987 (PAPER 02 Q. NO. 31 TO 60)

THE HINDU SUCCESSION ACT, 1956 (PAPER 02 Q. NO. 36 TO 65)

MADHYA PRADESH LOWER JUDICIAL SERVICES 2019(1)

AIBE-XIII-2018-II (BCI-DEC-2018-SET-A) (ALL INDIA BAR EXAM 2018-II)

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 05 Q. NO. 161 TO 200)

THE TRANSFER OF PROPERTY ACT, 1882 (PAPER 04 Q.NO. 121 TO 160)

AILET – National Law University Delhi Entrance Test (NLU 2018)

THE COMPANIES ACT, 1956 (PAPER 01 Q. NO. 1 TO 19)

CLAT 2023

MADHYA PARDESH LOWER JUDICIAL SERVICES 1998

HIMACHAL PARDESH LOWER JUDICIAL SERVICES 2014

HIMACHAL PARDESH LOWER JUDICIAL SERVICES 2009

THE CONSTITUTION OF INDIA, 1949 (PAPER – 18 Q. NO. 596 TO 623)

GUJRAT LOWER JUDICIAL SERVICES 2019

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 03 Q. NO. 81 TO 120)

THE HINDU MINORITY AND GUARDIANSHIP ACT, 1956 (PAPER -01 Q. NO. 1 TO 14)

THE CONSTITUTION OF INDIA, 1949 (PAPER – 14 Q. NO. 456 TO 490)

THE TRADE MARKS ACT, 1999 (PAPER 01 Q. NO. 1 TO 8)

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 10 Q. NO. 361 TO 400)

GUJRAT LOWER JUDICIAL SERVICES 2022

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 19 Q. NO. 721 TO 760)

MADHYA PRADESH LOWER JUDICIAL SERVICES 2019(2)

CLAT 2014

UTTARAKHAND LOWER JUDICIAL SERVICES 2002

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 14 Q. NO. 521 TO 560)

DELHI LOWER JUDICIAL SERVICES 2018(1)

JHARKHAND LOWER JUDICIAL SERVICES 2019

The Hindu Marriage Act, 1955 (Paper 01: Q. 1 to 25)

MADHYA PARDESH LOWER JUDICIAL SERVICES 2019-2

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 10 Q. NO. 361 TO 400)

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 01 Q. NO. 1 TO 40)

THE CONSTITUTION OF INDIA, 1949 (PAPER – 05 Q. NO. 141 TO 175)

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 22 Q. NO. 841 TO 870)

THE SPECIFIC RELIEF ACT, 1963 (PAPER – 01 Q. NO. 1 TO 35)

THE INDIAN CONTRACT ACT, 1872 (PAPER – 10 Q. NO. 316 TO 350)

THE TRANSFER OF PROPERTY ACT, 1882 (PAPER 05 Q.NO. 161 TO 200)