Legislative Dictionary - E
Judicial Dictionary
Legislative Dictionary
Exchange
| Category | E |
|---|---|
| Title | Exchange |
| Details | When two persons mutually transfer the ownership of one thing for the ownership of another, neither thing nor both things being money only, the transaction is called an "exchange". [See, section 118, the Transfer of Property Act, 1882 (Act No. IV of 1882)]. |
| Created On | June 28, 2011, 10:04 AM |
| Hits | 291 |