A transfer of property by ostensible owner for consideration:
Verified Answer
A. shall be void
B. shall be valid
C. shall not be voidable provided the transferee acted in good faith
D. shall be voidable
Explanation:
Section 41 of the Transfer of Property Act, 1882, states that a transfer by an ostensible owner for consideration shall not be voidable if the transferee, after taking reasonable care, acted in good faith.