In which section provision under the transfer property Right of party deprived of thing received in ...........

Transfer of Property Act Others

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In which section provision under the transfer property Right of party deprived of thing received in exchange

sec.117

sec. 119

sec. 120

None

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Explanation:

- Section 117: This section in the Transfer of Property Act deals with gifts. It focuses on how certain provisions of the gift act do not apply to certain types of transfers, especially those involving future property or consideration.

- Section 119: This section addresses the rights of the party who is deprived of something they received in an exchange. It states that if a party loses possession of a received exchange item, they are entitled to get back what they parted with or compensation.

- Section 120: This section isn’t directly related to the query about rights in an exchange situation. It deals more with actions like severance, which affect decisions until the transfer is perfected.

- None of the above: If no section fits, this would be considered. But here, option 2 fits well.