The rights and liabilities of the parties to exchange shall be that of the rights and liabiliti...........

Legal Studies (CUET) Others

The rights and liabilities of the parties to exchange shall be that of the rights and liabilities of

Lessor and Lessee.

Buyers and Sellers.

Transferor and Transferee.

Donor and Donee.

- Lessor and Lessee:

- Involves leasing agreements.

- The lessor provides property to the lessee for rent.

- Buyers and Sellers:

- Involves a transaction of goods or services for a price.

- The buyer pays the seller for ownership transfer.

- Transferor and Transferee:

- Involves transfer of rights, ownership, or interest.

- The transferor gives, and the transferee receives.

- Donor and Donee:

- Involves voluntary transfer of a gift.

- The donor gives, and the donee receives.

Correct Answer: Buyers and Sellers.

Submit Error