Question

Following is not true about the sale and exchange

• A. A transfer of property by exchange can be made in the same manner as is applicable to sale.
• B. Exchange is a natural incident of property, there is no need to enter into a contract for that purpose.
• C. Money may be added to anything which is exchanged to equalise the values of properties in exchange.
• D. Each party has similar rights and liabilities as that of a seller and a buyer.

Answer 1

The Correct Option is B

The correct option is (B): Exchange is a natural incident of property, there is no need to enter into a contract for that purpose.