Question
Legal Studies Question on Property Law
Which of the following is not an example of unconscionable bargain ?
The father mortgaged the family’s only residential house to help his son who had borrowed a sum from a bank and the bank sought to enforce the mortgage.
A grandfather made a gift of a portion of his property to his only grandson, a few years before his death.
A person made a very negligible provision for his third wife and daughters borne by her and donated the whole of his property only to one of his grandsons.
A songwriter’s copyright was purchased on terms that he was not to publish his songs through any other company but the company had the right to reject his songs.
A grandfather made a gift of a portion of his property to his only grandson, a few years before his death.
Solution
The correct option is (B):A grandfather made a gift of a portion of his property to his only grandson, a few years before his death.