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Section 5. “Transfer of property” defined: In the following sections “transfer of property” means an act by which a living person conveys property, in present or in future, to one or more other living persons, or to himself, or to himself and one or more other living persons; and “to transfer property” is to perform such act. In this section “living person” includes a company or association or body of individuals, whether incorporated or not, but nothing herein contained shall affect any law for the time being in force relating to transfer of property to or by companies, associations or bodies of individuals.
Impartiality is essential in:
What is the significance of the ethical principle of responsibility and accountability in business ethics?
When a public servant accepts a gift from a vendor, what ethical principle is at risk?
What is a key characteristic of prudence in decision-making?
What is the term for a situation where an individual faces conflicting ethical obligations and fulfilling one obligation means violating another?
How does emotional intelligence (EQ) differ from intelligence quotient (IQ)?
What is a key principle associated with non-partisanship?
What is the relationship between tolerance and acceptance?
What ethical principle is violated when a public official engages in bribery or corruption?
What does the organizing function of management involve?