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In the context of the Act, what is the meaning of 'obligation'?
In the context of the Act, what is the meaning of 'obligation'?
- An instrument disposing of successive interests in property
- A legal document related to wills and codicils
- Every duty enforceable by law (correct)
- A type of trust as defined in the Indian Trusts Act, 1882
How is 'trust' defined in the Act?
How is 'trust' defined in the Act?
- An instrument disposing of successive interests in property
- Having the same meaning as in section 3 of the Indian Trusts Act, 1882 (correct)
- An obligation enforceable by law
- A legal document related to wills and codicils
Who does the term 'trustee' include as per the Act?
Who does the term 'trustee' include as per the Act?
- A legal document related to wills and codicils
- A type of trust as defined in the Indian Trusts Act, 1882
- Every person holding property in trust (correct)
- An instrument disposing of successive interests in property
Where can one find the meanings of undefined words and expressions used in the Act?
Where can one find the meanings of undefined words and expressions used in the Act?
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True or false: 'Settlement' includes a will or codicil as defined by the Indian Succession Act, 1925?
True or false: 'Settlement' includes a will or codicil as defined by the Indian Succession Act, 1925?
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True or false: The term 'trustee' includes only individuals holding property in trust as per the Act?
True or false: The term 'trustee' includes only individuals holding property in trust as per the Act?
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True or false: The Indian Trusts Act, 1882 is referenced in the definition of 'trust' in the Act?
True or false: The Indian Trusts Act, 1882 is referenced in the definition of 'trust' in the Act?
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True or false: The Indian Contract Act, 1872 does not define any words or expressions used in the Act?
True or false: The Indian Contract Act, 1872 does not define any words or expressions used in the Act?
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True or false: 'Obligation' in the Act only refers to duties not enforceable by law?
True or false: 'Obligation' in the Act only refers to duties not enforceable by law?
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