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The below of transfer property followed to which party?
Dead party
Live party
One party
More than 2 party
- Option 1: Dead party: This refers to a transfer involving someone who has passed away, such as through a will or estate.
- Option 2: Live party: This involves the transfer between individuals who are currently alive.
- Option 3: One party: This implies no transfer can occur because a transfer requires at least two parties.
- Option 4: More than 2 party: This involves more complex transactions that require multiple parties, like partnerships or business acquisitions.
The transfer typically involves at least two parties.
Thus, the correct answer is Option 2: Live party.
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